TUBACEX reinforces its presence in the Middle East with the entry of Alpha Dhabi into NTS Amega Global

The operation has been closed for an amount of 120 million euros

TUBACEX, a global leader in steel tube manufacturing and precision machining solutions, has announced the entry of Alpha Dhabi Holding (ADH), a prominent investment firm in the United Arab Emirates, into its subsidiary NTS Amega Global.

NTS Amega Global, based in Houston (USA), is a leading company in the high-precision machining of sophisticated alloy materials. The company has seven manufacturing plants around the world, including two in the United Arab Emirates. Its main clients are companies in the energy sector, especially oil and gas exploration and production.

NTS Amega Global, the high precision machining division owned by TUBACEX, is a rapidly growing business globally that primarily serves the oil and gas exploration and production sector.

The entry of ADH into NTS Amega Global represents a significant injection of capital and experience for the company. ADH is an investment firm with extensive market knowledge and a solid financial position. The operation will allow NTS Amega Global to accelerate its growth and expansion in Middle East.

For Tubacex, the partnership with ADH is an important milestone in its growth strategy in the region. The company already has a significant presence in the Middle East, with a tube production plant in Abu Dhabi and a commercial office in Dubai. The entry of ADH into NTS Amega Global will allow Tubacex to strengthen its leadership in the steel pipe market in the Middle East.

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