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Euro Mechanical Acquires SAMCO to Serve Upstream Oil and Gas Market; Abu Dhabi's Euro Mechanical, a leading downstream construction, fabrication, and technology sourcing company, acquired SAMCO, allowing the firm to expand its services to the oil and gas

Nov 18, 2020 - PR Newswire
Mergers and Acquisitions

PR Newswire

ABU DHABI, UAE, Nov. 18, 2020 /PRNewswire-PRWeb/ -- Until now, Euro Mechanical's construction, fabrication, and technology sourcing capabilities served the downstream areas of the oil and gas industry. However, its acquisition of SAMCO delivers capabilities to serve Abu Dhabi's upstream needs.

In 2019 Euro Mechanical's chairman, Mr. Ahmed Al Hurr Al Suwaidi; CEO, Jon Rawling; the executive team; and division heads worked together to formulate a three-to-five-year strategi...