Acquisitions24 Mar 2026, 10:07 am
SEPC Limited Announces Strategic Acquisition of 90% Stake in Avenir International Engineers and Consultants LLC
AI Summary
SEPC Limited, a leading EPC solutions provider, has announced the acquisition of a 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi. This strategic move aims to expand SEPC’s global footprint and strengthen its presence in the high-growth Oil & Gas engineering sector, particularly across the Middle East and North Africa (MENA) region. The acquisition is expected to enable SEPC’s entry into the global Oil & Gas EPC and consulting ecosystem, strengthen its international execution capabilities and geographic diversification, provide access to high-margin, technology-driven engineering services, and create a scalable platform for growth in the MENA region.
Key Highlights
- SEPC Limited acquires 90% stake in Avenir International Engineers and Consultants LLC
- Acquisition aims to expand SEPC’s global footprint and strengthen its presence in the Oil & Gas engineering sector
- Avenir International specializes in Oil & Gas Engineering, Front-End Engineering Design (FEED), and Project Management Consultancy (PMC)
- Avenir brings deep domain expertise and established client relationships with leading entities such as ADNOC and DEWA
- Transaction details: 90% stake acquired, share swap arrangement, valuation at ~INR 1,530 crore