Motherwell Bridge Industries acquires Morocco-based engineering company TechniPlus
Monday 10th October 2016
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Motherwell Bridge Industries, the engineering division of Hili Ventures, has acquired Techniplus, a multi-disciplined engineering firm in Morocco, from its long-standing partner Konecranes of Finland. Techniplus is engaged in the maintenance and servicing of port cargo handling equipment. Its major customers include the operators of Morocco’s largest ports at Casablanca, Tangier, Agadir and Jorf Lasfar, manufacturers, steel plants, and mining companies.
Over the past 10 years, Motherwell Bridge Industries has installed more than 200 port container cranes at key terminals around Europe, the Middle East, Africa and Asia for Konecranes.
With its 150-strong staff complement – most of which based in the ports – Techniplus almost triples the size of Motherwell Bridge Industries and strategically extends its footprint to North Africa. Hili Ventures was successfully active in logistics, engineering and banking hardware servicing in North Africa until recently and the group is keen to re-enter the region to tap its commercial potential.
“Techniplus conducts business in Mauritania, Senegal, Tunisia and Algeria and there are significant business prospects in the wider region,” Motherwell Bridge Industries Managing Director Tony Mallia explained. “With a foothold in Morocco, Motherwell Bridge Industries will be able to expand its growing marine engineering services activities beyond the central Mediterranean. We are looking forward to combining the expertise of the Malta and Morocco teams and leveraging synergies to benefit existing and new customers.”
Motherwell Bridge Industries has appointed Alexei Sciberras as Techniplus’ new General Manager.
