Falck Nutec, a global provider of safety and survival training, has acquired a minority shareholding in P.T. Samson Tiara, the leading provider of safety and training services in Indonesia.
The investment will facilitate the transfer of technology between Falck Nutec and P.T. Samson Tiara.
"We are delighted to welcome Falck Nutec as a shareholder in P.T. Samson Tiara and are positive that this new cooperation will be mutually beneficial to both companies and our customers in the Indonesian oil & gas and petrochemical industries", commented Mr. David Donaldson, Managing Director of P.T. Samson Tiara. This investment will pave the way for a wide range of internationally accredited safety and emergency response training to be offered locally.
Equally, Mr. Wan Shukry, Regional Managing Director, Falck Nutec Far East Asia, is enthusiastic about the cooperation and takes the view that the coverage of the Indonesian market in cooperation with P.T. Samson Tiara represents an important step forward for the Falck Nutec Group by expanding the market coverage in the Far East Asian region, where Falck Nutec currently operates training centres in Singapore, East and West Malaysia, Thailand and Vietnam.