Riyadh – Mubasher: Saudi Arabia-based Energy Capital Group (ECG) has acquired Aujan Industrial Solutions (AIS), according to a press release.

The transaction marks the fourth investment of the fund which was unveiled in the third quarter (Q3) of 2023. Meanwhile, the fund plans a further 4-5 investments within 2024.

This aligns with Energy Capital’s investment strategy to provide a powerful growth platform and further build the Industrial Services and Solutions Champion.

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