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Emirates News Agency - Alpha Dhabi acquires 25% of Gordon Technologies for AED602mn

ABU DHABI, 2nd November, 2022 (WAM) -- Alpha Dhabi Holding PJSC (Alpha Dhabi) announced that it has acquired a 25 percent stake in Gordon Technologies, a leading provider of MWD (Measurement While Drilling) technology to the oil and gas industry for AED 602 million. Chimera Capital acted as sole financial advisor to Alpha Dhabi Holding on the transaction. Founded in 2014, Gordon Technologies is majority owned by private equity firm Pelican Energy Partners and its management team – includin...
United States Alpha Dhabi Hamad Salem Al Ameri Terry Frith Pelican Energy Partners Alpha Dhabi Holding
Source: wam.ae

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