Mammoet and ALE merger creates world’s largest heavy equipment operator

Mammoet has announced the completion of its acquisition of ALE, creating the world’s largest heavy lift and move company by far, which...

Construction

Opinion: Middle East companies behind the curve in using technology to drive higher productivity

With the Middle East construction sector under growing pressure as a result of a tightening economy, construction companies should be looking at...

BIM

Germany’s RIB Software acquires 70% stake in Construction Computer Software (CCS)

RIB Software SE, the world’s leading provider of iTWO 4.0 Cloud Enterprise Platform Technology for the construction and real estate industries, has...

Consultant

Eltizam Asset Management Group sets aside $55mn for M&A raids

Eltizam Asset Management Group says it has set aside $55 million A(ED 200 million) to fund mergers and acquisition (M&A) activity in the GCC...

Consultant

Alian subsidiary inks deal with Emmedue (M2) for construction technology

Alian Industry has signed a non-binding agreement with Italian firm Emmedue (M2), for the transfer of modern construction technology. As per the...

Consultant

Italy’s Eni and Austria’s OMV to have 35% stake in Adnoc refining business

Abu Dhabi National Oil Company (Adnoc) has announced strategic equity partnerships and a new joint trading venture with Eni and OMV, giving...

Consultant

Masdar makes first foray into North America

Abu Dhabi Future Energy Company (Masdar) has acquired John Laing Group’s interest in two US wind farms. The UAE-based company executed a...

Consultant

Eshraq turnaround success as it records best H1 results since 2014

Abu Dhabi Securities Exchange -listed real estate company Eshraq Properties has heralded its best H1 results since 2014 as confirmation of a...

Consultant

WSP to buy Louis Berger for $400 million

WSP is to acquire consultancy firm Louis Berger in a deal worth $400m. Through the deal, Louis Berger will add 5,000 people...

Construction

UAE success helped drive ABB growth in Q2, says CEO Spiesshofer

Strong demand from the UAE helped ABB's Asia, Middle East and Africa division orders grow by 11% (when converted to US dollars) in...

All posts tagged "mergers and acquisitions"