By Rhiannon Hoyle

SYDNEY--WorleyParsons Ltd. (WOR.AU) said it has acquired a professional services business in the German chemicals industry.

Australia-based WorleyParsons said the purchase of the Ludwigshafen and Schwarzheide offices of the Germany's M+W Group reflected a strategic push to expand in the European chemicals sector.

It said it would pay for the business using existing funds, without disclosing the purchase price.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

(END) Dow Jones Newswires

April 05, 2018 23:40 ET (03:40 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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