Fluor Daniel, Inc. and Bertrams Ltd. announced today the formation of
Chemgineering Holding Ltd., a new limited liability company
headquartered in Muttenz, Switzerland.
The new company will provide engineering, procurement, validation and
construction management services to the pharmaceutical, biotech, and
fine chemicals industry in the expanding European market, particularly
Switzerland, Germany and Austria. In addition, the company will provide
consulting, process development, and project execution services for
laboratories as well as pilot and production plants. Financial terms of
the new venture were not disclosed.
Chemgineering Holding Ltd. will be owned 45 percent by Fluor Daniel and
55 percent by Bertrams, and will be operated through two subsidiaries:
Bertrams Chemgineering Ltd., Muttenz, Switzerland, and Fluor Daniel
Chemgineering Ltd., Wiesbaden, Germany.
Herbert Matthys, Ph.D., chief executive officer of Chemgineering Holding
Ltd., said, “The know-how of Chemgineering’s personnel combined with the
global resources from both partner organizations will provide high
quality, value-added services on a localized basis to our clients in
this very important marketplace.”
Dan Stites, president of Fluor Daniel’s Pharmaceutical operating company
said, “The formation of Chemgineering is further evidence of Fluor
Daniel’s commitment to diversify and grow in areas where it can achieve
a competitive advantage based upon its core competencies. In addition,
we will be uniquely positioned to support the domestic and global
investments of the pharmaceutical industry based in this important
region.”
Management of the new company will be pooled together from top Fluor
Daniel and Bertrams executives and includes, Dr. Herbert Matthys, chief
executive officer; Wolfgang Lenz, managing director; and Armin Mayer,
Ph.D., managing director.
For the past 20 years, Fluor Daniel’s Wiesbaden, Germany, office has
provided engineering, procurement and construction services to a wide
range of pharmaceutical and chemical clients throughout Europe.
Bertrams Ltd. is a privately held engineering company that specializes
in the design and fabrication of chemical plants. The company is
headquartered in Muttenz, near Basel, Switzerland.
Fluor Daniel Inc., the principal subsidiary of Fluor Corporation, is a
global engineering, construction and diversified services company with
more than 50 offices worldwide.
