France headquartered, ENGIE Solutions, an international leader in providing low carbon energy and services, has acquired Saudi-based total facilities management company Allied Maintenance Company Ltd (AMC).
The Allied Maintenance Company Ltd (AMC), formed in 1992, serves customers across a range of sectors in Saudi Arabia. AMC currently manages multiple projects in various industries including technical and infrastructural facilities management and facility management solutions in strategic locations across Riyadh, Al Khobar, Dammam, Jubail, Khamis Mushayt, Taif, Jeddah and Tabuk.
With this acquisition, ENGIE will secure its position in the Saudi Arabian market by strengthening AMC’s client base across the country and delivering the customers with world-leading low carbon services especially in energy efficiency and digitization.
Commenting on the acquisition Ian Harfield, Executive Vice President of ENGIE Solutions, Middle East, South & Central Asia and Turkey, said: “With its strong reputation and network across the region, AMC is a welcome integration into the ENGIE Group that will strengthen our leadership in delivering energy-driven client solutions locally in Saudi Arabia.”
One of ENGIE’s targets by expanding its presence in the Kingdom is to enhance technical capabilities by training the local workforce and bringing new and sustainable solutions to optimize energy consumption, asset performance and operating costs.
“This new acquisition represents the Group’s confidence in the talent and skills cultivated in the Kingdom over the years. By strengthening these long-standing relationships, we plan to accelerate the deployment of integrated energy solutions to our client base in Saudi Arabia. We have witnessed remarkable growth across all sectors in the Kingdom, and along with this growth comes a stronger need for value and performance-focused solutions.”
“This is a proud moment for AMC to be integrated into ENGIE Group. As a homegrown company, we have grown a strong portfolio of clients and this new step for our company will enable us to enhance our offerings and attract a new generation of technical and skilled workforce to join the growing ranks of professionals in the Kingdom’s energy services sector,” Abdullah El Sibai, CEO of AMC, said.