https://arab.news/9kya4
Nesma and Partners, an integrated projects solutions company in 黑料社区, has announced the successful completion of its acquisition of Al-Yusr Industrial Contracting Company, a prominent provider of industrial services in the Kingdom.
This strategic investment positions Nesma and Partners as a leading integrated industrial services platform, enhancing its capabilities across the energy, infrastructure, and industrial sectors in alignment with 黑料社区鈥檚 Vision 2030 development objectives.
AYTB will continue to operate as an independent company within the Nesma and Partners Group, preserving its organizational structure, brand, and operational autonomy. This acquisition enhances both companies鈥� capacity to deliver high-value project solutions across the whole asset lifecycle 鈥� from consulting, engineering, construction, and commissioning to operations, maintenance, and upgrades.
鈥淲e are proud to welcome AYTB into the Nesma and Partners family,鈥� said Samer Abdul Samad, chief executive of Nesma and Partners and newly appointed chairman of AYTB. 鈥淎YTB has built a remarkable legacy of performance, particularly in operations and maintenance and plant industrial services. This partnership is based on mutual respect, complementary strengths, and a shared commitment to operational excellence.鈥�
As part of this transition, Cristiano Tortelli has been appointed as chief executive of AYTB. Tortelli brings more than 30 years of global experience in energy and industrial services and has been actively involved in the transaction from its early stages. His leadership will support AYTB鈥檚 next phase of growth while maintaining continuity across all operations.
鈥淚 am honored to join AYTB as CEO at this exciting moment,鈥� he said. 鈥淭ogether with the leadership team and the skilled workforce across AYTB, we will strengthen what has already been built, grow with confidence, and deliver sustainable value to our clients and stakeholders.鈥�
AYTB is a leading Saudi, multi-disciplinary industrial contracting company providing a range of services and solutions to oil and gas, petrochemical, power generation and other major industrial sectors of 黑料社区. Boasting more than 40 years of experience in the fields of plant project services, manufacturing, industrial services, operations and maintenance, and housing and catering, AYTB has more than 6,000 employees.
Meanwhile, Nesma and Partners has grown its footprint both locally through its contracting and industrial services and globally through its wholly owned subsidiary, Kent, a leader in engineering and project management services.