BATON ROUGE, LA. November 14, 2016. — Brown & Root Industrial Services, LLC (“Brown & Root “), a leading provider of engineering, construction, and maintenance services, today announced that it has acquired MEI Group, LLC (“MEI”), a full-service turnaround specialist for industrial facilities globally. Terms of the exclusive, negotiated transaction were not disclosed.
Founded in 1967, MEI is a premier provider of turnaround, specialty, and construction related services to the refinery, petrochemical and agricultural chemical markets. MEI has more than 1,300 employees across 8 offices strategically located throughout the Gulf Coast region. The company has provided services for blue chip companies across North America and worldwide during its 49-year history, while owning one of the best records for safety and quality service in the industry. MEI’s highly skilled industrial workforce provides the full array of turnaround services, including project management, construction, fabrication, plant and process unit relocation, fire repair and rebuilds; premium specialty welding on all grades of steel, alloys and exotic metals; and specialty maintenance, repair, and replacement services for process unit cooling towers.
“MEI is a perfect fit for Brown & Root,” said Andy Dupuy, Brown & Root’s President/CEO. “Their offering complements our existing portfolio of, bringing a new level of expertise, scale, and reach to our Turnaround Services business. The acquisition will better position us as the leading services provider in the industry, allowing us to better serve our customers and drive growth across our business lines.”
The acquisition is the third for Brown & Root in the past 15 months, as the company continues to build a comprehensive industrial services organization. With the acquisition of MEI, Brown & Root has grown to more than 8,500 employees in more than 100 locations nationwide.
Michael Campesi, MEI Group Chief Executive Officer said, “The management and employees of MEI are proud and excited to become part of Brown & Root, one of the most widely respected names in industrial contracting since 1919. By aligning our skills and industry expertise, we are able to offer our clients superior services. I look forward to this new chapter for our business.” In addition to sharing many customers in the chemical, petrochemical and refining industries, MEI and Brown & Root have a shared culture, common values, and similar business philosophies.
Dupuy called the acquisition “transformational” for Brown & Root, and added “it enables Brown & Root to provide more value, compete more effectively, and vastly expand our footprint in the Turnaround Services marketplace.”
