Wood Group acquires 2,200 person strong US shale outfit Elkhorn

- Wood Group acquires Elkhorn for undisclosed sum- Elkhorn generated approximately 250m dollars in sales in 2012- Purchase to expand Wood Group's foot print in US shaleOilfield services provider Wood Group agreed to acquire US-based Elkhorn Holdings for an undisclosed sum, so as to increase the portfolio of services which it can provide to its US onshore customers.The Wyoming-based group is a provider of construction services for midstream oil & gas facilities in the US shale market.Elkhorn generated sales of approximately $250m in 2012 and has approximately 2,200 personnel. The company operated from 11 locations across the Niobrara, Permian, Marcellus and Utica shale regions. Wood group retained the services of the current Chief Executive Officer, Sean Sullivan.The transaction was expected to complete in late 2013, subject to a number of conditions, including receipt of anti-trust approval. As of 12:30 shares of the firm were off by 0.06% to the 776p mark. AB