Amec Foster Wheeler has acquired Scopus Engineering from Growth Capital Partners, enhancing its operational capabilities in the global oil and gas industry.

Target Company Overview

Scopus Engineering, a prominent player in the laser scanning and dimensional control sector, has been acquired by Amec Foster Wheeler (AFW) from Growth Capital Partners (GCP) and the management team. The company specializes in providing precise survey data that is critical for engineering piping and structural solutions within the global oil and gas market. With its headquarters located in Aberdeen, Scopus Engineering operates additional offices in Abu Dhabi, Malaysia, Brunei, and Baku, employing over 300 professionals who deliver specialized engineering services across the oil and gas, petrochemical, and nuclear industries.

Since GCP's investment in Scopus Engineering in early 2013, the company has experienced significant growth, with turnover increasing to £30 million between the fiscal years 2012 and 2014, alongside an 80% growth in staff numbers. This upward trajectory highlights Scopus Engineering's strength and competitive position in the market, making it an attractive acquisition for AFW.

Industry Overview

The oil and gas industry, particularly in the regions where Scopus Engineering operates, continues to evolve amidst a backdrop of technological advancements and increasing operational efficiency demands. In the country where Scopus is headquarte