# 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.

- Type: Acquisition
- Announced: 2026-11-04
- Where: Nigeria and Angola
- Value: $9.00M
- Status: rumored
- Products: pipe-coating
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Wah Seong Corporation](https://endata.com/companies/8049.md) (acquirer)
- [Socotherm SpA](https://endata.com/companies/15974.md) (target)
- [Orlean](https://endata.com/companies/15975.md) (partner)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/strong-order-book-ma-drive-wah-seong), 2026-11-04: "Wah Seong’s merger and acquisition (M&A) talks in Nigeria and Angola at advanced stages."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.