Egypt: OCI Global, Orascom Construction pursue merger to form infrastructure, investment platform

OCI Global, Orascom Construction plan strategic merger to create global infrastructure platform

OCI Global and Orascom Construction PLC have announced plans to merge, creating a scalable infrastructure and investment platform anchored in Abu Dhabi with a global reach. The proposed merger (referred to as “the Combination”) would bring together Orascom Construction’s world-class execution capabilities—bolstered by a $14bn backlog—and OCI’s institutional investment expertise, capital discipline, and transactional track record. By combining th…

Egypt: OCI Global, Orascom Construction pursue merger to form infrastructure, investment platform

Founded in 1950 by Onsi Sawiris, Orascom Construction has grown into one of the world’s top 30 international contractors

Egypt’s billionaire Sawiris family to merge OCI and Orascom

The Sawiris family, Egypt’s most prominent business dynasty and controlling shareholders of Orascom, is pursuing a high-stakes merger of OCI Global and Orascom Construction that could reshape the global infrastructure landscape.The companies announced they are exploring a strategic combination to create a scalable infrastructure and investment platform based in Abu Dhabi with reach across five continents. The merger would marry Orascom Construct…

Orascom Construction mulls merger with OCI

Orascom Construction, owned by Egyptian billionaire Nassef Sawiris, is considering a merger with Dutch-based chemical and fertiliser company OCI Global. The merged entity, which will focus on infrastructure and investments, would be headquartered in Abu Dhabi, Orascom Construction said in a statement to the Abu Dhabi Securities Exchange (ADX) on Monday. OCI shareholders would receive new Orascom Construction shares at a ratio to be determined af…