The Shaw Group (Shaw) has acquired engineering, procurement, and construction (EPC) solutions provider KP Engineering.
Headquartered in Houston with operations in North America and the Middle East, Shaw has acquired all the assets and ongoing operations of KP Engineering, including all existing facility leases at facilities. The new legal entity, KP Shaw LLC, will operate as a subsidiary of Shaw.
William E. Preston will continue as president and CEO of KP Shaw LLC.
“This acquisition serves to fulfill an urgent requirement for bankable EPC service capacity in the growing North American market. KPE enhances the services in Shaw’s already strong portfolio of offerings, which includes pipe, module, and structural steel fabrication, induction bending and specialty coating services,” said Preston. “The integration of Shaw’s high-quality services will enable us to better meet the needs of our well-established customer base and will also provide us with fresh opportunities to engage with new customers on a global scale.”
“The completion of this transaction is another significant step for Shaw in growing our capabilities to service throughout the entire project lifecycle,” said Mike Childers, president and CEO of Shaw. “KPE’s unique expertise in the energy transition markets is an excellent complement to our existing portfolio in the oil and gas, pulp and paper, pharmaceuticals, food and beverage and wastewater industries.”