Sale of A. Hak Industrial Services to First Reserve

A. Hak, the Netherlands-based company engaged in the design, construction and maintenance of infrastructures for transport and distribution of oil, gas, water and electricity, has sold A. Hak Industrial Services, a leading inspection and industrial service provider to the oil, gas refining and petrochemical industries around the world, to First Reserve, a US-based leading global private equity investment firm exclusively focused on energy, for an undisclosed consideration.

The divestment is in line with A.Hak’s strategy to focus on its main activities, such as design, construction and maintenance for the transportation and distribution of oil, gas, water, heat and electricity. Quore Capital acted as sole financial advisor to the shareholders of A. Hak.

December, 2017

• Client: A. Hak
• Target: A. Hak Industrial Services
• Buyer: First Reserve
• Seller: A. Hak