Speaking of the acquisition, Faisal Dawood, CEO Descon Engineering Limited said, "Our association with PDPS is the culmination of two years of strategy and effort to enter into the African market. This is an exciting new chapter for us and we are looking forward to continue our growth. We will bring the same excellent service quality that we are renowned for to our interests here in South Africa."
Descon Engineering is planning to increase their shareholding in PDPS to 49% and their management intends to visit South Africa later in the year to explore further opportunities in the region.
Anwar Ul Haq, President Maintenance Division, Descon Engineering further added that this acquisition was aligned with their vision to expand Descon's global presence. -PR