Civmec to acquire Technip subsidiary

The board of directors of construction and engineering services provider Civmec has agreed to enter into a due diligence phase for the acquisition of PT Global Industries Asia Pacific, a Technip subsidiary. Civmec stated that this acquisition is in line with the company’s strategic growth plans

Civmec to acquire Technip subsidiary Civmec to acquire Technip subsidiary Civmec to acquire Technip subsidiary Civmec to acquire Technip subsidiary Civmec to acquire Technip subsidiary

The Koniambo Nickel project in New Caledonia, where Technip was the main EPCM contractor

The terms include a long-term collaboration agreement with Technip for services and facilities for current and future project work globally.