Belcan acquires Lagoni Engineering

Belcan, a global supplier of engineering, supply chain, technical recruiting, and IT services has announced the acquisition of Lagoni Engineering, a London-based multi-disciplinary engineering consultancy and technical services provider focused on the energy industry. Terms of the transaction were not disclosed.

Lagoni’s current offering includes engineering and consultancy services across technical safety, control and automation, operational technology, and cyber security for a broad range of companies in the energy industry. The Company’s service offerings cover the entire life cycle of assets, including concept design, FEED, detailed design, installation, commissioning, operations and decommissioning. Known for its innovative solutions, Lagoni has become an expert in the field of developing operational technology cyber security and digital solutions. Thomas Olsen, founder and managing director of Lagoni, will play a leading role in continuing to develop these capabilities across Lagoni’s existing industries and Belcan’s established markets.

“The addition of Lagoni helps Belcan build its consulting business in the UK, while also adding new cyber and digital solutions to meet key requirements across Belcan’s focused industries,” said Keith Matthews, president of Belcan Consulting Services. “We welcome Thomas and Lagoni’s innovative team, and we believe that their passion for developing creative client solutions will be a great fit with our culture.”

“Belcan’s existing services perfectly complement Lagoni’s offerings, and we believe that with the backing and relationships provided by Belcan and AE Industrial, we can grow our business and reach new clients around the world,” said Olsen.

Lance Kwasniewski, CEO of Belcan added: “Belcan continues to expand our global footprint and strengthen our service offerings,”. “This targeted acquisition will drive value for our existing customers while adding key scalable capabilities.”

Mishcon de Reya served as legal advisor and PricewaterhouseCoopers served as financial advisor to Belcan. Russell-Cooke served as legal advisor to Lagoni.