The Sacyr-Fluor alliance will encompass engineering services and project management for petroleum and gas, as well as the petrochemical industry in Spain, Southern Europe, North Africa and Latin America.
The Sacyr-Fluor alliance is up and running. Throughout July 2015, the company specialising in construction and infrastructures led by Manuel Manríquez, acquired 50% of Fluor S.A., a Spanish branch of the multinational engineering firm Fluor Corporation, for the sum of 39 million euros. This operation will allow the new group to reinforce its international standing in projects relating to gas and petroleum.
Sacyr-Fluor, as the fusion of these two companies will hereon be known, will have a 400-strong staff base, 380 of them from Fluor in Asturias and Madrid.
The estimated turnover for 2016 is set to reach 88 million euros.
Fluor Corporation, a multinational with headquarters in Asturias
Fluor S.A. has already laid some roots in Asturias. The multinational began its activity in Spain in 1992, with the commissioning of a permanent office in Llanera and the opening of its own building in the Asturias Technology Park seven years later.
Arriving in Asturias, where it is now one of the largest engineering companies in Spain, entailed its later expansion in the country, opening its first office in 2002 in Madrid, then in 2009 in Tarragona.
Currently employing over 500 workers undertaking activity in Spain, Portugal, Italy, South America and Northern Spain, the Spanish-based Fluor offices offer engineering, supply, construction and maintenance services.