Egypt's Elsewedy Electric buys majority stake in Dutch gas turbine specialist Thomassen Service
Billionaires Africa | 22.05.2026 19:55
Egypt's Elsewedy Electric has acquired a 60% majority stake in Netherlands-based Thomassen Service, a specialist in gas turbine maintenance and repair, in a deal that pushes the El-Sewedy family's industrial empire deeper into the energy services market across the Middle East and Africa.
