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Fluor Corp. (FLR) said that it agreed to divest its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million.


RTTNews | May 4, 2021 09:00AM EDT

09:00 Tuesday, May 4, 2021 (RTTNews.com) - Fluor Corp. (FLR) said that it agreed to divest its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million.

Fluor previously sold its AMECO Caribbean business in Jamaica in August 2020 and is actively marketing its remaining AMECO South America and ServiTrade Mozambique operations.

Fluor looks forward to continue working together with AMECO in the U.S. and Canada.

Fluor used BofA Securities as its financial advisor for this transaction.

Read the original article on RTTNews ( https://www.rttnews.com/3191336/fluor-to-sell-ameco-north-america-to-one-equity-partners-for-73-mln.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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