Pentair, IDC launch industrial services JV
Abu Dhabi, March 4, 2014
Pentair, a global water, fluid, thermal management company, and International Development Company (IDC) have launched a joint venture to service valve, actuator and industrial equipment in Mussafah, Abu Dhabi.
“Pentair is excited by this unique opportunity to work with International Development Company in what will be the company’s first joint venture for industrial valve and pump services in the United Arab Emirates,” said Ramesh Nuggihalli, vice president and managing director for Pentair in the Middle East.
“We are already committed to local manufacturing within the UAE and see the expansion into services as the natural progression of our business offering to our local customers.”
“We are pleased to have signed our agreement with Pentair. With our combined expertise we are eager to fulfill the huge potential that exists for industrial services within the energy sector,” said Faysal Urfali managing director of International Development Company.
“The local presence of a highly experienced global manufacturer provides our customers with significant advantages for safely maintaining critically important process and protection equipment.”
Pentair has more than 1,200 employees in the region in manufacturing, servicing and office facilities.
Abu Dhabi based International Development Company (IDC) is one of the UAE's leading service and supply companies with its expertise in the oil, gas, power and water and petrochemical industries. – TradeArabia News Service