Hassan Allam Holding expands water portfolio with MetiPro acquisition

Our friends at Hassan Allam Holding have acquired MetiPro, the engineering, procurement, and construction (EPC) arm of UAE’s Metito for an undisclosed amount, according to a statement (pdf) out overnight. The transaction will set up a “scaled, integrated platform” that boosts the firm’s presence in water and wastewater operations across the region, Africa, Eastern Europe, and the Commonwealth of Independent States, the statement said.

Meet MetiPro: Established in 1958, MetiPro — otherwise known as Metito Water Projects — specializes in desalination, wastewater treatment, surface water treatment, water reuse, and industrial solutions, according to its website.

There’s some history here: Hassan Allam Construction and Metito worked together on a contract to upgrade and expand the Alexandria West wastewater treatment plant last year, as well as the Delta Irrigation Water Treatment Plant and other projects in Egypt.

What they said: “By bringing together MetiPro’s global expertise with our 90-year legacy of delivering complex, nation-building projects, we are creating a stronger, integrated platform and built to lead the next generation of sustainable water and wastewater mega-projects across the Middle East and Africa,” Hassan Allam Holding CEO Hassan Allam said.