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GE’s Transaction Of John Wood Group Division Complete

Posted on April 27, 2011

GE has completed its US$2.8 billion (€1.9 billion) acquisition of John Wood Group PLC’s Well Support division, expanding GE Oil & Gas’ drilling and surface manufacturing and services portfolio.

The John Wood Group PLC Well Support division, which has more than 3800 employees globally and operates about 20 manufacturing and multiple sales and service centers worldwide, is comprised of three business platforms – electric submersible pumps (ESP), pressure control (surface wellheads and trees) and logging services.

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