JP 3E Holdings, Inc. Acquires 51% of Power Engineering Corporation (PEC), Eyes Major Expansion in Energy Market - Seite 2

Established in 2001, PEC brings a legacy of excellence in Operations and Maintenance and engineering services for the Oil & Gas industry in Qatar. The company is renowned for its expertise in providing specialty industrial products and services that enhance operational safety and efficiency across the sector.

The terms of the transaction were not disclosed but are expected to reflect positively in JP3E’s consolidated financial statements, showcasing the strategic acquisition’s value with minimal dilution.

About JP 3E Holdings, Inc.:

JP 3E Holdings, Inc., formerly Spooz, Inc., is committed to supplying essential needs including Eating, Energy, and Education through its diversified business operations. The company’s forward-thinking strategies ensure it remains at the forefront of the industry, providing innovative solutions globally.

About Power Engineering Corporation (PEC)

Power Engineering Corporation (PEC) is an Energy Engineering & Contracting Services company incorporated and operational in the state of Qatar since 2001.  Registered as a supplier and service provider to Qatar Energy since 2002, historically PEC has been engaged in pipeline repair and nonmetallic works, technical manpower provision and some technical product supplies to customers in the Qatar Oil & Gas industry. However, given the ongoing Oil & Gas state investments in the sector, and the huge opportunity PEC has, the potential for PEC is much higher.  Realizing this potential Imperial Holding acquired PEC to turn it around and realize it as a large successful company. 
https://www.pec.com.qa/ 

About Imperial Holdings, Inc. 

Imperial Holdings is a leading holdings company aiming to be sustainable corporate platform, which believes that the foundation of any business comes from the confidence and trust in the partners building the business together, rather than the numerical stability coming from well-analyzed, convincing numbers. In the multi-faceted, fiercely competitive business environment we see today, Imperial Holdings operates in a space where partners gather based on the common philosophy and ideology of mutual benefits that can be shared, where one can confirm mutual connectivity, and where one can create opportunities and capitalize on them. Right partners empower confidence and strength. It constitutes a strong organization and provides a solid futuristic strategy, bright insights into the future, and the right personnel to execute on opportunities. This sustainability, connectivity and trust is the most important asset to each partner company. It is often said that the biggest goal of any company is to maximize profit, but the ultimate goal of maximizing profit is also to increase the sustainability of the company. The mission and goal of Imperial Holdings is to increase this possibility through the forming of synergistic relationships between companies. Imperial holdings key interested areas of business are in energy sector as well as healthcare, mining, Technology etc.