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Nauvata gains Middle East foothold

Bangalore-based engineering and design player Nauvata has acquired Lamprell-owned onshore services player Litwin PEL, as it aims to increase its global foothold.

New acquisition: Nauvata, which is headed by Ashwin Raikar, has agreed to buy Lamprell's Middle East subsidiary Litwin
New acquisition: Nauvata, which is headed by Ashwin Raikar, has agreed to buy Lamprell's Middle East subsidiary Litwin
  • Nishant Ugal
Published 3 December 2014, 05:14Updated 3 December 2014, 05:14
Asia & OceaniaMiddle EastNorth Africa