Rejlers acquires the Regional Business Unit of Neste Engineering Solutions

Posted On June 19th, 2019 - 9:39 am | by Oil and gas press

Neste Engineering Solutions has agreed to create a strategic partnership with engineering consultancy services company Rejlers. The partnership strengthens delivery capability and improves the focus of Neste Engineering Solutions.

As part of the partnership agreement, Rejlers will acquire the Regional Business Unit of Neste Engineering Solutions and the parties will make a long-term cooperation agreement. The Regional Business Unit of Neste Engineering Solutions consists of personnel and operations in Turku, Kotka, Oulu, Sweden and UAE, except for NAPCON Business Unit.

The entire personnel of the Regional Business Unit will transfer to Rejlers with current terms and conditions of employment valid at the time of the transfer. They will continue to work with their current projects of Neste Engineering Solutions and other customers.

“The role of Neste Engineering Solutions is to enable Neste to become a global leader in renewable and circular solutions. It requires that we have good strategic partners to support and complement us. Rejlers is strong in the Nordic market and we have a long history of working together. Rejlers and those over 300 highly experienced professionals who will transfer from us to Rejlers will have a very important role in supporting Neste’s needs also going forward”, says Patrick von Essen, Managing Director of Neste Engineering Solutions.

President and CEO of Rejlers, Mr Viktor Svensson, is very delighted that Neste Engineering Solutions chose Rejlers as their strategic partner: “We are looking forward to a good and long-term cooperation with Neste Engineering Solutions and the customers whose projects we will continue as part of this business transaction. I am confident that this will be a very fruitful cooperation for us all and for the new colleagues who will transfer from Neste Engineering Solutions to Rejlers.”

The transaction is subject to the approval of the competition authority which is estimated to take 1-4 months.

Source / More : Source / More : Source / More : Neste

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