The STRACON Group consolidates its presence in Chile, the world’s leading copper producer, through the acquisition of AMECO South America, from the Fluor Corporation group.

AMECO has more than 29 years of experience providing comprehensive services that include equipment, operation and maintenance solutions for the mining industry. It also has a fleet of approximately 1,000 special assets used by clients in the sector. AMECO’s business is concentrated in Chile, where it serves a portfolio of clients that includes major copper producers such as Antofagasta Minerals, BHP, Capstone Copper, Codelco and Lumina Copper. In addition to being the world’s leading copper producer, Chile has the largest copper and lithium reserves in the world, both of which are critical to the global energy transition. The client relationships developed by AMECO over its 29-year history represent an unwavering platform from which the STRACON Group will be able to significantly expand its presence in the country.

“I want to welcome to STRACON, the 1,365 people who have worked tirelessly to establish AMECO as a trusted provider of services to the mining sectors in Peru and Chile,” said Steve Dixon, CEO of STRACON Group. ” The acquisition will add scope and scale to STRACON’s operations, increase revenues by approximately 25%, add new service lines and regions, and have an immediate impact on earnings. The acquisition will not only strengthen our ability to bid on large projects in the region, but will also further diversify our revenue sources. We are fully aware of the importance of the experienced leadership team and the continued commitment of AMECO employees in achieving customer success and achieving the cross-selling synergies that are possible,” added the Group CEO.