Ezra Holdings acquires fabrication facility in USCompany News // November 17, 2010
Ezra Holdings Limited has announced that it has acquired what it describd as "a well-equipped 650,000ft2 fabrication facility" in Houston in the US.
The acquisition is made through Ezra's newly formed subsidiaries Ezram Properties LLC and Ezram Enterprise LLC.
The move complements Ezra's proposed US$250 million acquisition of Aker Marine Contractors, the SURF and floater installation company.
Lionel Lee, Ezra's Managing Director said: "The new Houston base will allow us to quick start our drive into the engineering and fabrication market in the Americas and Europe. Armed with our other facility in Vietnam, Ezra is now able to quickly respond to clients' needs worldwide, further strengthening our competitive edge in the offshore O&G market."