Hassan Allam Holding Acquires MetiPro to Expand Water Sector Presence
Hassan Allam Holding has reached an agreement to acquire MetiPro from Metito Group, enhancing its capabilities in the water and wastewater sector. This acquisition is significant for the MENA region's infrastructure development and long-term water solutions.
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Hassan Allam Holding will acquire MetiPro, a subsidiary of Metito Group, to fortify its position in the water and wastewater industry. The transaction aims to form a more integrated platform to advance water infrastructure across Egypt and the MENA region.
Hassan Allam Holding's existing water initiatives encompass several subsidiaries, facilitating large-scale desalination and wastewater projects. Previously, Hassan Allam and Metito collaborated on significant projects, including Al Mahsamma and New Delta, which support national water security. This acquisition may enhance the efficiency of project delivery and long-term sustainability in water management.
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