SOURCE: Parsons

Parsons

November 07, 2012 13:18 ET

Parsons to Acquire CT Main Engenheiros

Firm to Expand Parsons' Portfolio of Power/Energy Services

PASADENA, CA--(Marketwire - Nov 7, 2012) - Parsons announced today that through its Brazilian subsidiary, Parsons do Brasil, it has signed an agreement to acquire privately held CT MAIN Engenheiros, a leading provider of project management and engineering services to the energy and infrastructure market in Brazil. CT MAIN Engenheiros will increase Parsons' presence in Latin America and enhance its efforts in the areas of infrastructure development, power systems, pipelines, and oil and gas.

"The acquisition of CT MAIN Engenheiros is another step in our strategic plan, and we are excited to extend the value of our combined teams and offerings to our customers," said Chuck Harrington, Parsons' Chairman and CEO.

CT MAIN Engenheiros has a long history of providing a wide variety of engineering and management services for industrial and infrastructure customers, including such services as electrical system studies, feasibility reports, consulting, design, construction supervision and management, and owner's engineer.

"We are entering an exciting new chapter at CT MAIN Engenheiros, and we look forward to joining forces with Parsons," said Dr. Antonio Cardoso, CT MAIN Engenheiros' Chairman and President. 

CT MAIN Engenheiros is headquartered in São Paulo, with field offices throughout the country.

Parsons, celebrating more than 65 years of growth in the engineering, construction, technical, and professional services industries, is a leader in many diversified markets with a focus on transportation, environmental/infrastructure, and defense/security. Parsons delivers design/design-build, program/construction management, and other professional services packaged in innovative alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide. For more about Parsons, please visit www.parsons.com.