Hong Kong-based Jardine Engineering Corporation (JEC) has acquired Chung Hing Engineers Limited from Nice Centre Limited, an investment holding company. Financial details have not been disclosed.
Chung Hing Engineers Limited is a market leader in critical facilities contracting and services in the region and is well respected for the quality of its projects and services.
JEC is a member of the Jardine Matheson Group and provides products and sourcing, engineering contracting and technical services for power and energy, transport and logistics, environmental infrastructure, and a full range of building applications including commercial, industrial and residential. Leveraging on Chung Hing Engineers' in-depth sector knowledge and capabilities, together with JEC's expertise and scale, the strategic investment creates a solid foundation for both parties to further expand in this growing market.
Oaklins' team in Hong Kong advised the seller in this transaction.
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.