Falck Nutec purchases minority share in P.T. Samson Tiara

DATE: 31 Jan 2010
Falck Nutec has purchased a minority share in P.T. Samson Tiara.

Active in the oil & gas and petrochemical fields, the two companies will team up for safety and training services in Indonesia

By Sarah Wolfe

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Safety and survival training provider Falck Nutec

has purchased a minority share in P.T. Samson Tiara. A major provider of safety and training services in Indonesia, P.T. Samson Tiara will participate in a technology exchange through the investment.

"We are delighted to welcome Falck Nutec as a shareholder in P.T. Samson Tiara and are positive that this new cooperation will be mutually beneficial to both companies and our customers in the Indonesian oil & gas and petrochemical industries," says David Donaldson, Managing Director of P.T. Samson Tiara.

Falck Nutec’s share purchase will create an opportunity for a variety of internationally-accredited safety and emergency response training to be offered locally.

Wan Shukry, Regional Managing Director for Falck Nutec Far East Asia, adds that it marks an important step for the Falck Nutec Group by expanding the market coverage in the Far East Asian region, where Falck Nutec currently operates training centers in Singapore, East and West Malaysia, Thailand and Vietnam.

Learn more at: Falck Nutec

(Edited by Militza Richard)

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