IRVING, Texas–(BUSINESS WIRE)– Fluor Corporation (NYSE: FLR) announced today the divestiture of its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million.
This transaction is another significant step in completing the AMECO divestiture announced by Fluor in September 2019. Fluor previously sold its AMECO Caribbean business in Jamaica in August 2020 and is actively marketing its remaining AMECO South America and ServiTrade Mozambique operations.
Fluor looks forward to continue working together with AMECO in the U.S. and Canada.
Fluor used BofA Securities as its financial advisor for this transaction.