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Maroc Maroc - ENERGY PEDIA.COM - 28/Aug 16:03

Wood announces progress on its strategic disposal programme with the sales of EthosEnergy and CEC Controls

Wood has signed separate sales agreements for the disposals of two businesses, which together are expected to generate net proceeds of around $165 million in 2024. The Group has signed deals for the sale of its stake in Ethos Energy Group, a joint venture focused on rotating equipment, and CEC Controls, an industrial and process control systems business, in the automotive market.

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