UAE industrial push drives MKM's acquisition of Raycom Engineering

Raycom manufactures products for applications in the midstream, upstream, and downstream industries

Raycom serves the oil and gas industries.
Raycom serves the oil and gas industries.

MKM Commercial Holdings has acquired Dubai-based oil and gas engineering company Raycom Engineering Systems in a move to expand its markets and opportunities in the Middle East. 

Founded in 2006, Raycom Engineering manufactures of seal and precision engineering products for midstream, upstream, and downstream applications.

Commenting on the acquisition, MKM's managing director, Peter French, said: "With both companies present across a variety of fields, we look forward to shaping the future [...] with the added expertise and resources of Raycom.

"With current government policies encouraging a broader UAE industrial base, we are advancing by including Raycom Engineering under our umbrella and will now have access to high-precision engineering."

Most popular

Awards

Deadline approaches for CW Oman Awards 2020 in Muscat
You have until 20 January to submit your nominations for the ninth edition of the

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 765
Jun 29, 2020