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Malaysian oil and gas services provider Deleum Berhad completed its acquisition of a 70% stake in Indonesian valve service company PT OSA Industries Indonesia for USD 7 million on June 3, 2025. PT OSA is the exclusive Indonesian channel partner for Baker Hughes valves and operates from Cikarang.
Deleum Berhad's subsidiary Deleum Services signed a share purchase agreement to acquire a 70% stake in PT OSA Industries Indonesia, a valve supplier and maintenance service provider in Indonesia, for USD 7 million on 5 December 2024.
Deleum Bhd's subsidiary signed a share purchase agreement to acquire a 70% stake in PT OSA Industries Indonesia, a valve distributor and Baker Hughes valve channel partner, for US$7 million.
