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ECG acquires MT Enterprises to expand industrial services
Oil and Gas News
|March 2025
The combined expertise and resources of both companies will drive innovation and localisation and enhance service delivery, unlock new opportunities for growth and collaboration in Saudi Arabia and across the region
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ENERGY Capital Group (ECG), a Saudi-based investment firm specialising in industrial services and global technologies, has acquired MT Enterprises through its ECG2.0-Fund2.
This strategic move strengthens ECG's industrial services platform, advancing its commitment to local content development, technology transfer, and sustainable job creation in alignment with Saudi Vision 2030 and the Aramco In-Kingdom Total Value Add (iktva) programme.
The integration of MT Enterprises into ECG's portfolio will enhance the combined entity's ability to offer a comprehensive suite of services, fostering innovation and improved service delivery across multiple industries.
This acquisition not only bolsters ECG's presence in Saudi Arabia but also strengthens its capacity to support customers throughout the Middle East.
Cette histoire est tirée de l'édition March 2025 de Oil and Gas News.
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