A subsidiary of John Wood Group has acquired IMV Corp. for $140 million.
Offshore staff
ABERDEEN, UK -- A subsidiary of John Wood Group has acquired IMV Corp. for $140 million.
IMV provides engineering, procurement and construction management services to the Canadian oil and gas exploration and production sector. According to the Wood Group, IMV is a market leader in EPCM services for in-situ oil sands developments. IMV has 650 employees and is headquartered in Calgary, Alberta.
