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Announced

Completed

Stracon Group completed the acquisition of AMECO South America from Fluor.

Synopsis

Stracon Group, a mining company, completed the acquisition of AMECO South America, a company provides equipment, tools and support services to construction, engineering, mining, and industrial projects, from Fluor, a company provides engineering, procurement and construction services. Financial terms were not disclosed. This transaction marks the completion of the AMECO divestiture which was a strategic initiative to allow Fluor to focus on its core businesses and capital priorities. Previous AMECO divestitures included company assets in Africa, the Caribbean, Mexico and North America.

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