KBR’s joint venture to acquire Specialty Welding and Turnarounds

KBR (KBR) announced that its joint venture, Brown & Root Industrial Services, has signed a definitive agreement to acquire Specialty Welding and Turnarounds, or SWAT, a leading provider of turnaround, cooling tower, and industrial catalyst services. This strategic acquisition will create one of the largest specialty welding and turnaround service providers in North America. Founded in 2014 and headquartered in Gonzales, Louisiana, SWAT delivers critical industrial solutions to blue-chip customers across the refinery, petrochemical, and renewables sectors. With operations in 22 states and a network of 32,000 highly skilled professionals, SWAT brings deep expertise and a strong safety culture to every project.