Metito restructures to boost growth
- From: Vol 8, Issue 7 (July 2007)
- Category: General
- Region: Middle East
- Country: United Arab Emirates
- Related Companies: Aqualyng, Aquatech, Gulf Capital, Hyflux, Metito, Nakheel and Palm Water
The Gulf-based player has followed the example of a number of other water technology companies by splitting out its project development business.
Metito’s ongoing corporate restructuring will see the Emirates-based water treatment specialist adopt a holding company structure, splitting its EPC (engineering, procurement and construction) and O&M (operating and maintenance) business from its project development arm. Two new subsidiaries will be created, each 100% owned by Metito Holdings Ltd.
The move continues an industry trend of small to medium-sized water ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
