Foster Wheeler AG (Foster Wheeler) operate through two business groups: the Global Engineering and Construction Group (Global E&C Group), and its Global Power Group. In addition to these two business groups, the Company also report corporate center expenses, its captive insurance operation and expenses related to certain liabilities, such as asbestos, in the Corporate and Finance Group (C&F Group). Foster Wheeler serves industries, including oil and gas, oil refining, chemical/petrochemical, pharmaceutical; environmental, metals and mining, power generation and power plant operation and maintenance. During the year ended December 31, 2011, it acquired a company based in Germany that designs, manufactures and installs equipment, which utilizes circulating dry ash flue gas scrubbing technology for all types of steam generators in the power and industrial sectors. In January 2012, the Company acquired Graf-Wulff GmbH.