WorleyParsons of Australia is acquiring the UK business of Amec Foster Wheeler in a deal worth £182million.
It is understood that, while there will be a modicum of rationalisation at the outset, the 3,000-plus people on payroll are thought to be secure.
Help support quality local journalism … become a digital subscriber to The Press and Journal
For as little as £5.99 a month you can access all of our content, including Premium articles.
Subscribe