Bilfinger streamlines UK businesses to target new markets
6 Feb 2018
Global engineering company Bilfinger has merged two of its core UK businesses, saying it would make its operation better able to respond to market demand.
Executive president of Bilfinger North West Europe, Duncan Hall, said that the new £140 million turnover Bilfinger UK subsidiary is formed from the parent firm’s British-based industrial services and industrial automation services arms.
He added the move would enhance the firm’s ability to expand beyond its traditional sectors.
He stated: “It will enable us to not only strengthen our existing presence in our traditional markets of oil and gas and utilities, but also better target growth across the power, chemical and energy sectors.”
German parent company Bilfinger SE, one of the world’s leading providers of integrated technical services to the process industry and the energy sector, employs more than 4,000 people in the UK.
Of these around half are employed by Bilfinger UK across eight centres in the UK. The company’s other British arm Bilfinger Salamis UK, which provides specialist offshore services to the oil and gas and wind energy industry, is not included in the merger.