Fluor Corp. (Irving, Tex.) announced that the company sold its AMECO South America business, which includes assets in Chile and Peru, to STRACON Group, a diversified strategic partner to the mining sector in the Americas.
This transaction marks the completion of the AMECO divestiture which was a strategic initiative to allow Fluor to focus on its core businesses and capital priorities. Previous AMECO divestitures included company assets in Africa, the Caribbean, Mexico and North America.
AMECO South America is a provider of integrated mobile equipment services, solutions and rentals that serves ongoing operations and capital projects in the mining industry.