John Wood Group plc has sold its North American Transmission & Distribution engineering business to Qualus LLC for $110 million, aiming to streamline its operations while enhancing Qualus's service capabilities in the power solutions market.

Target Information

John Wood Group plc has successfully finalized the sale of its North American Transmission & Distribution engineering business, referred to as "North America T&D," to Qualus LLC and 2737813 ALBERTA LTD, collectively known as "Qualus." This transaction, announced on August 29, 2025, carries an enterprise value of $110 million, with cash proceeds amounting to approximately $105 million after deducting transaction costs.

Industry Overview in North America

The transmission and distribution sector in North America plays a critical role in ensuring electrical power reaches consumers reliably and sustainably. The growing demand for electricity, coupled with the ongoing transition to renewable energy sources, has prompted significant investments in infrastructure upgrades and modernization initiatives across the continent. As utilities strive to enhance their grid resilience and security, companies specializing in engineering solutions remain pivotal in navigating these changes.

Furthermore, North America is witnessing a surge in innovative technologies aimed at improving grid management, such as smart grids, energy storage systems, and