INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Proserv buys Dron Dickson Abu Dhabi business

    • Entire DDEC business and inventory will be fully integrated and absorbed into Proserv’s Middle East-based service operation

    • Proserv has multiple sites in the MENA region, including in Abu Dhabi, Dubai, Doha and Dammam

     

    Controls technology company Proserv Controls has announced the acquisition of the trade and assets of Dron & Dickson Electromechanical Contracting (DDEC) LLC, the Middle Eastern business of Dron & Dickson, a UK based expert in the supply, assembly and maintenance of the hazardous area and industrial electrical equipment.

    Proserv has multiple sites in the Middle East and North Africa, including in Abu Dhabi, Dubai, Doha and Dammam.

    After the acquisition, the entire DDEC business and inventory will be fully integrated and absorbed into Proserv’s Middle East-based service operation and will relocate to the company’s state-of-the-art new facility in Abu Dhabi, which was opened in 2020.

    DDEC provides a range of electrical engineering services and ex-certified equipment (suitable for use in potentially explosive atmospheres). These products include in-house assembled Atex/IECEx approved junction boxes, LED light fixtures and cable glands, for multiple sectors including the energy industry.

    The DDEC team also supplies competent electrical and instrumentation (E&I) technicians to carry out electrical equipment installation, inspection and maintenance, with accreditation from globally recognized bodies such as CompEx, as required for working in potentially explosive atmospheres.

    In addition, as part of its wholesale activities, DDEC acts as a principal distributor for several globally recognized and market-leading hazardous area product manufacturers.

    Proserv has built a growing service business across the Middle East, including manufacturing, alongside its local experience and rapid response. Its Abu Dhabi-based team has developed maintenance and support partnerships with the region’s biggest players, including national oil companies (NOCs).