# Valquest-led group acquires 100% of Al-Jizzi Transformers & Switchgears in Oman

Bemo Investment Ltd announced the successful closing of the acquisition of 100% of the shares of Al-Jizzi Transformers & Switchgears Co. LLC (AJTS) by VQ One Power SAOC, a vehicle created by Valquest Partners and co-investors. AJTS is a manufacturer of electrical power transformers in Oman.

- Type: Acquisition
- Announced: 2017-11-01
- Where: Oman, Oman
- Status: completed
- Products: electrical power transformers, switchgears
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Valquest Partners](https://endata.com/companies/28333.md) (acquirer)
- [Al-Jizzi Transformers & Switchgears Co. LLC](https://endata.com/companies/28334.md) (target)
- [Al-Nasser Industrial Enterprises](https://endata.com/companies/28335.md) (partner)

## Sources

- [bemobank.com](https://www.bemobank.com/news-and-events/closing-acquisition-100-shares-al-jizzitransformers-switchgears-co-llc-ajts), 2017-11-23: "Bemo Investments Ltd. (BIF) and Bemo Securitisation SAL (BSEC) are proud to announce the successful closing of the acquisition of 100% of the shares of Al-JizziTransformers & Switchgears Co. LLC (AJTS)."

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