Wah Seong to acquire Socotherm pipe-coating assets in West Africa

Wah Seong Corporation is in advanced M&A talks to acquire pipe-coating assets from Socotherm SpA's strategic partner Orlean in West Africa, with an estimated capital expenditure of US$8 million-US$10 million. A new joint venture company will be set up, and Wah Seong will lease the assets back to the JV.

“Wah Seong’s merger and acquisition (M&A) talks in Nigeria and Angola at advanced stages.”theedgemalaysia.com

• 1 source
• theedgemalaysia.comStrong order book, M&A to drive Wah SeongNov 4, 2026

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