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Construction M&A image Construction M&A » By The Online Investor Staff, updated Mon., Apr. 12, 5:09 PM Recent mergers and acquisitions in the Construction M&A category.

Slide #96. AMECO ServiTrade

Acquirer: AMECO (NYSE:FLR)
Acquiree: ServiTrade
Details: Fluor Corporation announced that AMECO, a unit of Fluor, has acquired ServiTrade, a Mozambique-based construction equipment rental and project services company. ServiTrade provides fully operated and maintained equipment, camp services, transportation, and batch plant services to the infrastructure, mining, natural gas and power industries with an execution model aligned with AMECO's. Financial terms of the acquisition were not disclosed.

Fluor is a holding company. Through its subsidiaries, Co. provides engineering, procurement, construction, fabrication and modularization, operations, maintenance and asset integrity, and project management services. Co. serves a set of industries including oil and gas, chemicals and petrochemicals, mining and metals, infrastructure, life sciences, manufacturing and technologies. Co. is also a service provider to the U.S. federal government and governments abroad; and, it performs operations, maintenance and asset integrity activities for industrial clients. Co.'s segments include: Energy and Chemicals; Mining and Industrial; Infrastructure and Power; Government; and Diversified Services.

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Company Name: 
Fluor Corp.
Stock buyback: 
FLR buyback
Website: 
www.fluor.com
Sector: 
Construction
Number of ETFs Holding FLR: 
44
Total Market Value Held by ETFs: 
$511.92M
Total Market Capitalization: 
$3.13B
% of Market Cap. Held by ETFs: 
16.38%
 

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Hold (2.14 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

Analysts' Target Price:
FLR Stock Forecast

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