Kleinfelder Completes Acquisition of Gas Transmission Systems
(UC) — San Diego-based Kleinfelder Group said it has acquired utilities and pipeline services firm Gas Transmission Systems (GTS) for an undisclosed sum.
Founded in 1998, GTS offers services to gas utilities and pipeline operators across the U.S with a concentration on integrity management and rehabilitation of aging infrastructure.
“GTS will continue to capitalize on opportunities resulting from significant regulatory drivers,” Kleinfelder said after the transaction closed on Tuesday. “Kleinfelder and GTS have several shared portfolio clients, which will lead to synergistic momentum that will drive opportunities for value creation and further establish Kleinfelder as a major player in the energy.”
The GTS organizational structure will remain unchanged under the direction of President Ben Campbell and will report through West Division Director Victor Auvinen, Kleinfelder said.
“As a well-established gas utilities and pipeline services firm, GTS is a strong addition to Kleinfelder,” said Kleinfelder President and CEO Louis Armstrong.
Kleinfelder is involved in engineering, design, construction management, construction materials inspection and testing, and environmental professional services. Following the GTS acquisition, Kleinfelder employs more than 2,400 professionals and operates in the United States, Canada, and Australia.
Related News
From Archive
- Tunnel boring machine ‘Clack-A-Mole’ nears one-third completion in Oregon outfall project
- Lynchburg, Va., breaks ground on largest-ever Blackwater CSO tunnel project
- Texas A&M weighs underground transit plan with Elon Musk's Boring Co. to reduce campus traffic
- Wyo-Ben’s Max Gel, Max Bore HDD system boost drilling efficiency, performance
- Federal court halts permits for 32-mile Tennessee gas pipeline project
- Wisconsin proposes new PFAS drinking water standards to align with federal rules
- Elgin, Ill., joins EPA drinking water initiative to accelerate lead pipe replacement
- Dog River pipeline replacement in Oregon improves water supply with new HDPE pipe
- Leaking wastewater systems named top source of San Diego River contamination, study finds
- New Portable Welding System From Miller
Comments