CB&I completes acquisition Shaw Group
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CB&I completes acquisition of Shaw Group

4:46 AM, 14th February 2013
CB&I completes acquisition of Shaw Group

THE WOODLANDS, US: CB&I has completed the acquisition of The Shaw Group. CB&I and Shaw shareholders overwhelmingly approved the transaction in December 2012.

“With the close of the transaction, CB&I is the most complete energy infrastructure focused company in the world. Through our now 50,000 talented employees, we have the capabilities and the expertise to provide our clients with a world of solutions, and a tremendous strategic advantage in responding to the growing demand for energy infrastructure around the globe,” said Philip K Asherman, President and CEO, CB&I.

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