Who is acquiring Wood Group's North American T&D business?

U.S.-based Qualus is acquiring Wood Group's North American transmission and distribution engineering business.

How much is the sale of the T&D business worth?

The sale of Wood Group's North American T&D business is valued at $110 million.

Why is Wood Group selling its non-core businesses?

Wood Group is actively disposing of its non-core businesses to cut debt.

What is the status of Sidara's bid for Wood Group?

Sidara has lowered its bid for Wood Group and plans to submit a firm offer once preconditions linked to Wood Group's debt are met.

What type of company is Qualus?

Qualus is a pure-play power solutions firm focused on modernizing and securing the electric grid.

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Home > Finance > UK's Wood Group to sell North American T&D business for $110 million

Finance

UK's Wood Group to sell North American T&D business for $110 million

Published by Global Banking & Finance Review®

Posted on August 29, 2025

1 min read

Last updated: January 22, 2026

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UK's Wood Group to sell North American T&D business for $110 million

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Wood Group Sells North American T&D Business to Qualus for $110M

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