Aker Solutions Acquires Unitech Power Systems
Aker Solutions has agreed to acquire Unitech Power Systems, a leading electrical power systems consultant, building on Aker Solutions’ growth strategy and further accelerating its transformation. The acquisition is an important step towards Aker Solutions creating an engineering consultancy business driving the energy transition.
The all-cash transaction is expected to be completed during the first quarter of 2022, at an undisclosed value. The acquisition will significantly enhance Aker Solutions’ capabilities related to high-voltage electrical power systems. By leveraging Unitech Power Systems’ strong expertise and track record with Aker Solutions’ existing front end, engineering and project management capabilities, the acquisition will drive growth in markets supported by the energy transition.
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