The Shaw Group completed the acquisition of KP Engineering.

The Shaw Group, a global pipe and module fabrication company, completed the acquisition of KP Engineering, a specialist in the design and execution of customized EPC solutions for the refining, syngas, hydrogen, and renewable fuels industries. Financial terms were not disclosed. "The completion of this transaction is another significant step for Shaw in growing our capabilities to service throughout the entire project lifecycle. KPE's unique expertise in the energy transition markets is an excellent complement to our existing portfolio in the oil and gas, pulp and paper, pharmaceuticals, food and beverage and wastewater industries. I am happy to welcome the KPE team to join Shaw's operations," Mike Childers, The Shaw Group President and CEO.