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Macquarie Group Unit to Acquire Majority Stake in SI Solutions

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Macquarie Group's (ASX:MQG) Macquarie Asset Management unit, alongside co-investors including UniSuper, agreed to acquire a majority stake in SI Solutions from MidOcean Partners, according to a Friday statement by the company.

SI Solutions provides structural integrity engineering, testing, non-destructive examination, and software products to critical infrastructure industries, including power generation, nuclear, pipeline, and petrochemical sectors.

The transaction expected to close later in the year, subject to approvals, per the statement.

What else is happening in Asia?

Asia

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