Nesma & Partners Acquires Al Yusr Industrial Contracting Company

Nesma & Partners has completed its acquisition of Al Yusr Industrial Contracting Company (AYTB), strengthening its position as a leading integrated industrial services provider in Saudi Arabia. The move aligns with the kingdom’s Vision 2030 goals and enhances capabilities across energy, infrastructure, and industrial sectors.

AYTB will retain its brand and operate independently within the Nesma & Partners group. The acquisition enables both companies to offer end-to-end project solutions, from engineering and construction to operations and maintenance.

Cristiano Tortelli, a veteran with over 30 years in energy and industrial services, has been appointed as AYTB’s new CEO to lead its next growth phase.