General Electric Saudi Advanced Turbines

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Acquisition

Mar 9, 2018ACQUISITIONSaudi Arabia
GE Vernova acquires Dussur's 55% stake in GESAT
Saudi Arabian Industrial Investments Company (Dussur) divested its 55% ownership stake in General Electric Saudi Advanced Turbines (GESAT) to GE Vernova, making GE Vernova the sole owner. GESAT manufactures gas turbines and has supplied over 200 modules to 10 countries.
GE Vernova acquirer Saudi Arabian Industrial Investments Company target General Electric Saudi Advanced Turbines target #Power Generation Equipment tradearabia.com

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