Fluor Sells AMECO North America to One Equity Partners for $73

Source: www.gulfoilandgas.com 5/4/2021, Location: North America

Fluor Corporation (FLR) announced the divestiture of its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million.

This transaction is another significant step in completing the AMECO divestiture announced by Fluor in September 2019. Fluor previously sold its AMECO Caribbean business in Jamaica in August 2020 and is actively marketing its remaining AMECO South America and ServiTrade Mozambique operations.

Fluor looks forward to continue working together with AMECO in the U.S. and Canada.

Fluor used BofA Securities as its financial advisor for this transaction.


Canada >>  6/21/2021 - Pembina Pipeline Corporation announced that Pembina and Inter Pipeline Ltd. ("Inter Pipeline") have filed cross-applications with the Alberta Securiti...
United States >>  6/21/2021 - Brookfield Infrastructure Partners L.P., together with its institutional partners (collectively, “Brookfield Infrastructure”) has filed a second notic...

Canada >>  6/18/2021 - Offer Highlights
- Revised Offer from Brookfield Infrastructure will include an ability for Inter Pipeline Ltd. (“IPL”) shareholders to receive ...

Malaysia >>  6/18/2021 - Dagang NeXchange Berhad (“DNeX”) has received approval from shareholders after its Extraordinary General Meeting for the company’s proposed acquisitio...

Saudi Arabia >>  6/18/2021 - Aramco and an international investor consortium, including EIG and Mubadala, announced the successful closing of the share sale and purchase agreement...
Canada >>  6/16/2021 - Superior Plus Corp. has closed the previously announced acquisition of the assets of a retail propane distribution company based in South Carolina, op...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.