Latest News

27

Jul
NICO & Global Boiler enters into JV agreement

NICO international – the UAE based marine & industrial engineering company, has entered into a long term joint venture agreement with Global Boiler - well-known Danish boiler company. The aim of this alliance is to further strengthen the power & energy capabilities of NICO in the field of marine & industrial boilerservice market in the Middle East region.

Through this partnership NICO International & Global Boiler wish to cooperate & broaden its portfolio to
cover the Industrial & Marine Power Projects and Boiler maintenance, repair & operation in the entire Middle
East region.

“Considering the market trends and NICO’s vision of being the best overall Marine & Industrial solutions
provider, this partnership with Global Boiler is a significant step for NICO in becoming an even more
attractive market player”
says John McFadyen – General Manager, NICO International.

Uffe Nyborg Johansen, CEO of Global Boiler contributes: “This new partnership with Nico will further
introduce the engineering skills from Global Boiler for boiler repairs and service into the Middle East market.
Further the skilled manpower from Nico combined with the experience and knowledge base from Global
Boiler will be sure to give a strong local base in Dubai – an important supplement to our presence in
Denmark and Singapore.”

 

About Nico International
Nico International is operating in the Middle East since 1973 when the company established in Dubai to service the increasing marine traffic generated by the region’s oil boom. Today Nico International is one of the world’s leading marine and industrial services and engineering company.

 

(L to R) Mr. John McFadyen (General Manager – NICO International) & Mr. Uffe Nyborg Johansen (CEO – Global Boiler)