Product Code Database
Kentz Corp. Ltd. was an engineering and construction business serving clients primarily in the oil and gas, petrochemical and mining and metals sectors.
In 1992, the company made heavy losses on the refurbishment of the Museu Nacional d'Art de Catalunya and struggled to survive. Two years later, the Malaysian group, Peremba, stepped in and bought a majority stake in the business, providing much-needed capital.
The company changed its name to Kentz following the purchase. Hugh O'Donnell was appointed chief executive in 2000 and the company was subsequently listed on the Alternative Investment Market in February 2008. Kentz was transferred to the main market of the London Stock Exchange in July 2011. Christian Brown became chief executive in February 2012.
On 23 June 2014, SNC-Lavalin agreed to acquire Kentz for C$2.1 billion ($1.95 billion). The sale was completed on 22 August 2014 with Kentz delisted from the London Stock Exchange.
The company's three main business units are:
Operations
Kentz has operations in 30 countries around the world, including the Americas, the Middle East, Africa, Australasia, the Far East, Russia and Europe.
See also
External links
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