In February 2024 final negotiations were completed on the part equity sale of our middle east venture for controlled environment facilities.
The $8.4m deal to secure a 48% stake is due to be completed shortly with a private equity investor in Saudi Arabia to further propel the success of technickon to enable rapid expansion on the global stage to take advantage of emerging markets and benefit from a tsunami of global opportunities.
Nick Davis (CEO and owner) explains: “Our enviable reputation globally has exploded exponentially in global markets and we are now officially the only provider of bespoke critical facilities that are guaranteed to work first time, our enviable engineering approach which is difficult to match has given us the foot hold on the global stage with many blue chip companies, opportunities due to our past performance will propel our growth in years to come.”
Nick Davis who remains the major share holder (52%) and senior consulting engineer will continue to stand at the helm having navigated exceptionally challenging waters during the past few stormy years.
For all press related enquiries and global opportunities please contact Ian Saunders (Global sales) – [email protected]
Technickon – facilities that work.