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John Wood Group Closes $151 Million Sale of RWG Stake to Siemens Energy

MT Newswires·01/02/2026 02:29:01
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02:29 AM EST, 01/02/2026 (MT Newswires) -- John Wood Group (WG.L) unit JWG Investments completed the sale of its 50% stake in RWG (Repair & Overhauls) to Siemens Energy Global, a division of Siemens Energy (ENR.F). The $151 million sale was finalized on Dec. 31, 2025, following customary closing adjustments and transaction costs, the British engineering and consulting company said Friday.