# Tubacex and Senaat acquire The Nobu Group from Nord Kapital and Habu Holding

Tubacex and Senaat General Holding Corp. agreed to acquire The Nobu Group, a Dubai-based precision component repair and manufacturing services provider for oilfield equipment. The transaction is expected to close in March 2019.

- Type: Acquisition
- Announced: 2019-02-19
- Where: Dubai, United Arab Emirates
- Status: announced
- Products: precision component repair and manufacturing services for oilfield equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Senaat](https://endata.com/companies/29628.md) (acquirer)
- [Tubacex](https://endata.com/companies/37425.md) (acquirer)
- [Senaat General Holding Corp.](https://endata.com/companies/37426.md) (acquirer)
- [The Nobu Group](https://endata.com/companies/37427.md) (target)
- [Nord Kapital](https://endata.com/companies/37428.md) (partner)
- [Habu Holding](https://endata.com/companies/37429.md) (partner)

## Sources

- [alantra.com](https://www.alantra.com/ib-transaction/nord-group-sell-side-advisory-the-nobu-group-tubacex-sa/), 2019-02-19: "Alantra has advised the Norwegian investment groups Nord Kapital and Habu Holding on the sale of the Dubai-based Nobu Group to Tubacex and Senaat General Holding Corp."
- [thenationalnews.com](https://www.thenationalnews.com/business/economy/senaat-and-tubacex-of-spain-to-acquire-company-specialising-in-tubes-producer-1.827889), 2019-02-20: "Senaat’s new partnership with Tubacex is consistent with the company’s strategy of seeking to partner with global organisations to grow the UAE’s manufacturing base."

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