Based in Dammam, Saihati Weir services and maintains motors, pumps, compressors and other industrial equipment. The company has annual sales of ¥215 million and 76 employees.
Hitachi Plant Technologies will convert the company into a subsidiary and change its name to Hitachi Saihati Engineering Services Co Ltd early next year.
With this acquisition, Hitachi Plant Technologies will expand its compressor service and maintenance business with Saudi Aramco, and will use Saihati as a base for other Hitachi Plant Technologies products including pumps, water treatment systems, industrial plant and HVAC systems.
www.hitachi-pt.com and www.saihati.com/sw1.htm