Type | Public limited company |
---|---|
Industry | Engineering and construction |
Founded | 1919 |
Founders | Michael Francis Kent |
Headquarters | St Helier, Jersey |
Key people | Christian Brown (CEO) |
Revenue | $1,657.5 million (2013) [1] |
$115.0 million (2013) [1] | |
$74.7 million (2013) [1] | |
Number of employees | 14,500 (2014) [2] |
Parent | SNC-Lavalin |
Website | www.kentz.com |
Kentz Corp. Ltd. was an engineering and construction business serving clients primarily in the oil and gas, petrochemical and mining and metals sectors.
The company was founded by Michael Francis Kent as an electrical contracting business in Clonmel in County Tipperary in 1919. [3] The business was taken over by his brother in 1948, and then by his son Frank in 1963. [3] The business, which had been renamed MF Kent, expanded rapidly during the 1970s and 1980s as it upgraded the Irish telecommunications network. [3] In 1987, it was acquired by Gus Kearney, its general manager, who expanded operations into Singapore, Spain and Africa. [3]
In 1992, the company made heavy losses on the refurbishment of the Museu Nacional d'Art de Catalunya and struggled to survive. [4] Two years later, the Malaysian group, Peremba, stepped in and bought a majority stake in the business, providing much-needed capital. [3]
The company changed its name to Kentz following the purchase. [4] 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. [5] Christian Brown became chief executive in February 2012. [6]
On 23 June 2014, SNC-Lavalin agreed to acquire Kentz for C$2.1 billion ($1.95 billion). [7] The sale was completed on 22 August 2014 with Kentz delisted from the London Stock Exchange. [8]
Kentz has operations in 30 countries around the world, including the Americas, the Middle East, Africa, Australasia, the Far East, Russia and Europe.
The company's three main business units are: [9]
Eaton Corporation plc is an American-Irish multinational power management company with 2021 sales of $19.63 billion, founded in the United States with global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio. Eaton has more than 86,000 employees and sells products to customers in more than 175 countries.
Atomic Energy of Canada Limited (AECL) is a Canadian federal Crown corporation and Canada's largest nuclear science and technology laboratory. AECL developed the CANDU reactor technology starting in the 1950s, and in October 2011 licensed this technology to Candu Energy.
China Petroleum & Chemical Corporation (中国石油化工股份有限公司), or Sinopec, is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades in Shanghai.
Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies. It was founded by Henning Holck-Larsen and Søren Kristian Toubro, who were two Danish engineers taking refuge in India.
Fluor Corporation is an American multinational engineering and construction firm headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in the following areas: oil and gas, industrial and infrastructure, government and power. It is the largest publicly traded engineering & construction company in the Fortune 500 rankings and is listed as 259th overall.
ARETI International Group of Companies is a private energy company headquartered in Geneva, Switzerland. ARETI was created by Igor Makarov in 2015 following his sale of Itera International Group of Companies, which was started in 1992 and sold off in 2013. The ARETI group company consists of holding companies registered in Cyprus, Virgin Islands, and the Netherlands and has subsidiaries involved in the energy industry, civil and industrial engineering, and finance. The company operates primarily in Switzerland and the Commonwealth of Independent States (CIS) countries. In 2013, its main subsidiary, Itera Oil & Gas Company, was acquired by Rosneft prior to any sanctions placed on Rosneft.
CH2M, earlier CH2M Hill, was an engineering company that provided consulting, design, construction, and operations services for corporations and governments. The company was organized in Corvallis, Oregon, and headquartered at 9191 South Jamaica Street, Englewood, Colorado. In December 2017, the company was acquired by Jacobs Engineering Group.
Eastern Electricity plc was an electricity supply and distribution utility serving Eastern England, including East Anglia and part of Greater London. It was renamed Eastern Group under which name it was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Hanson plc in 1995, before being purchased by Texas Utilities in 1998.
Gwyn Morgan,, is a director on the boards of several large corporations in Canada, including EnCana Corporation. He is also on the board of trustees of the think tank, the Fraser Institute, a director for the Manning Centre for Building Democracy and a non-executive director of HSBC. He is the former chairman of SNC-Lavalin and president and CEO of EnCana Corporation. Morgan writes a column for the business section of The Globe and Mail.
AECOM is an American multinational infrastructure consulting firm.
Atkins is a Canadian-British multinational engineering, design, planning, architectural design, project management and consulting services company. It is a subsidiary of SNC-Lavalin and is headquartered in London.
MAPNA Group is a group of Iranian companies involved in development and execution of thermal and renewable power plants, oil & gas, railway transportation and other industrial projects as well as manufacturing main equipment including gas and steam turbines, electrical generator, turbine blade and vane, HRSG and conventional boilers, electric and control systems, gas compressor, locomotive and other pertinent equipment.
Obrascón Huarte Lain, S.A. ; branded as OHLA Progress Enablers since July 2021, is a Spanish multinational construction and civil engineering company. The company is involved in infrastructure and commercial property construction, homebuilding and the operation of toll road and other transport concessions. In the latter, the group is particularly active in Mexico with Aleatica. OHLA also has a majority-owned American subsidiary called OHL USA which is based in College Point, New York.
Lavalin was a Canadian civil engineering and construction firm based in Montreal, Quebec. After a major expansion program in the 1980s that led to financial difficulties, in 1991 Lavalin merged with its long-time competitor, Surveyer, Nenniger & Chenevert Consulting Engineers (SNC), to become today's SNC-Lavalin, forming one of the ten largest engineering firms in the world.
The Vankor Field is an oil and gas field in Russia, located 130 kilometres (81 mi) west of Igarka in the Turukhansk District of Krasnoyarsk Krai in Eastern Siberia, close to the border with Yamalo-Nenets Autonomous Okrug. Its estimated reserves are 520 million metric tons of oil and 95 billion cubic meters of natural gas. Production was launched in August, 2009. The field is operated by Russian national oil company Rosneft through its subsidiary Vankorneft.
The Commission of Inquiry on the Awarding and Management of Public Contracts in the Construction Industry was a public inquiry in Quebec, Canada into potential corruption in the management of public construction contracts.
SNC-Lavalin Group Inc. is a Canadian company based in Montreal that provides engineering, procurement, and construction (EPC) services to various industries, including mining and metallurgy, oil and gas, environment and water, infrastructure, and clean energy. SNC-Lavalin is the largest construction company, by revenue, in Canada, as of 2018.
Samsung Group, or simply Samsung, is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol. As of 2020, Samsung has the eighth highest global brand value.
Robert Gordon Card is an American businessman, engineer, and former government employee who served as the CEO of SNC-Lavalin, Canada's largest engineering and construction firm.
Uwe Krüger is a Swiss-German businessman and physicist. Krueger serves as Head of the Industrials, Business Services and Energy & Resources Investment Group, as well as the Head of the Portfolio Management Group at Temasek International in Singapore. He holds the position of Senior Managing Director at Temasek. Temasek is a leading globally diversified investment company headquartered in Singapore with a net portfolio of $275 billion. From June 2011 to July 2017 he was CEO of WS Atkins plc. The company was acquired by SNC-Lavalin and delisted from the London Stock Exchange effective July 2017.