Construction M&A » By The Online Investor Staff, updated Fri., Apr. 19, 8:34 PM
Recent mergers and acquisitions in the Construction M&A category.
Slide #96. AMECO — ServiTrade
Acquirer: |
AMECO (NYSE:FLR) |
Acquiree: |
ServiTrade |
Details: |
Fluor Corporation announced that AMECO, a unit of Fluor, has acquired ServiTrade, a Mozambique-based construction equipment rental and project services company. ServiTrade provides fully operated and maintained equipment, camp services, transportation, and batch plant services to the infrastructure, mining, natural gas and power industries with an execution model aligned with AMECO's. Financial terms of the acquisition were not disclosed. |
Fluor is a holding company. Through its subsidiaries and joint ventures, Co. is engaged in providing engineering, procurement, and construction (EPC), fabrication and modularization, and project management services, on a global basis. Co. has four segments: Energy Solutions, which focuses on opportunities in the production and fuels, chemicals, liquefied natural gas and nuclear project services markets; Urban Solutions, which provides EPC and project management services to the technologies, life sciences, mining and metals, infrastructure industries, and staffing services; Mission Solutions, which provides technical solutions; and Other, which includes the operations of NuScale Power, LLC.
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Company Name: |
Fluor Corp. |
Stock buyback: |
FLR buyback |
Website: |
www.fluor.com |
Sector: |
Construction |
Number of ETFs Holding FLR: |
49 |
Total Market Value Held by ETFs: |
$1.23B |
Total Market Capitalization: |
$6.75B |
% of Market Cap. Held by ETFs: |
18.30% |
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April 19, 2024 8:34 PM Eastern
Buy (3.00 out of 4)
100th percentile
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