SENER Takeover of Mexican Firm III, S.A. de C.V.

Friday, May 07, 2010

In 2007, SENER President, Jorge Sendagorta, signed with III General Manager, Eduardo Bosque, the purchase agreement of the 40% of III, with the compromise of acquiring 100% of the Mexican engineering company in 2010. Since then, SENER and III have been consolidating their relationship until they have culminated this operation with the constitution of the new company III Grupo SENER.

The purchase of the 100% of III by the Spanish engineering company SENER closes a process that began in March 2005, when both companies signed a strategic alliance. By virtue of this alliance, SENER entered the Mexican market with one of the country's main engineering companies, while also promoting III's capacity to contract turnkey projects.

Since then, major joint projects have been implemented in the Power and Process Sector, such as the development of the engineering work for combined cycle plants, turnkey projects, as well as Refinery, Gas and Petrochemical projects. The activities developed by III also encompass projects in the mining-metallurgy field, with important work carried out for AUSENCO and MITTAL.

In addition to activities in the area of Power and Process, SENER has participated in projects in Mexico in the Civil Engineering and Architecture sector, in roads, airports, suburban railways and metros, being some of its main clients: SCT, OHL, FCC, ISOLUX, Grupo Aeroportuario Pacífico (GAP), Fideicomiso de Apoyo al Rescate de Autopistas Concesionadas (FARAC), and Casas Geo, among others. Likewise, it has taken part in transport planification and architecture projects.
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

W&O, LESER Partner to Deliver Safety Relief Valves

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has partnered with

Fednav Celebrates Anniversary Trio in Cleveland

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th

Karl Senner Inks Distribution Deal with Electronic Power Design

Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Port Authority Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1469 sec (7 req/sec)