NEAH GES Announces Definitive Agreement to Acquire Quemic International Holdings in Africa
DUBAI, United Arab Emirates, April 2, 2015 /PRNewswire/ -- NEAH GES ("GES") today announced that it has signed definitive agreements acquire a majority of the stock, shareholders and economic interest in Quemic International Holdings (QIH), a South Africa based holding company.
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Post-acquisition GES will be the controlling shareholder in QIH, incorporating the Quemic business units into a GES affiliate company, GES Africa. In conjunction with the purchase agreements, GES has also provided QIH with interim financing to fund substantial new commercial contracts across the African Continent.
GES is aggressively expanding its commercial business lines on the African Continent. GES Africa business divisions currently include Power Generation and Infrastructure, Maritime, Aviation, Ground Logistics, and Emergency Medical Services. The addition of the Quemic business units will substantially increase GES commercial services across Africa for major clients in the oil, gas, mining, heavy industry as well as local and international governments.
About NEAH GES
NEAH Global Energy Solutions (GES) provides comprehensive logistics, power generation and security management for global energy and critical infrastructure assets. GES Africa business divisions currently include Power Generation and Infrastructure, Maritime, Aviation, Ground Logistics, and Emergency Medical Services. GES utilizes extensive experience within the African and Middle Eastern regions to effectively wrap energy and infrastructure assets with sophisticated physical and financial risk mitigation protocols ("GES WRAP"). GES is an authorized vendor for the U.S. Department of State, United Nations, USAID, and other global governmental agencies. GES expertise provides commercial and governmental organizations comprehensive risk mitigation solutions unparalleled in the global marketplace.
About Quemic International Holdings
Quemic International Holdings (QIH) is the holdings company of the Quemic Group, which include several African subsidiary companies whom are providers of integrated risk solutions including consultation, administrative, management, development and operational services for the security, safety, health and medical professions. QIH draw upon a wealth of experience gained in the service of international and multi-national companies, high profile individuals, government departments and the local corporate market. This experience allows the Quemic Group to swiftly evaluate any task and to ensure that the service, which the Quemic Group provides, will more than meet the requirements of its clients. The philosophy of the Quemic Group is that each client is entitled to receive a level of service, which exceeds their expectations, regardless the complexity.
Media Contact:
Aaron Williamson
[email protected]
www.gesglobal.ae
SOURCE NEAH GES
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