SNKP, a Senegalese company based in Dakar, joins the ALTRAD group

Through the acquisition of SNKP, ALTRAD is setting up in Senegal and thus continuing its expansion in Africa, in a new operational country in which major Oil & Gas projects should start up as early as 2022.

With SNKP, ALTRAD is strengthening its ability to provide services to future Senegalese Oil & Gas players, based on the optimal use of Senegalese resources. As SNKP is also present in other markets such as the construction sector, new activities are opening up to ALTRAD Services Africa.

Mohed Altrad recently commented: "We are very happy with this new step, which is a strategic advance in Africa, a continent where the group is proving to be a leader, both through its footprint in the territory and its ability to promote local content and thus rely upon strong and competent local resources. We welcome Mr. Amine Chraa and his teams to the ALTRAD group”.

Amine Chraa, Managing Director at SNKP, added: “Having started as a sandblaster and painter at the age of 17 at Prezioso France, and my oldest foremen being also former employees of Prezioso Gabon, we are all very proud and positive about joining the Altrad Group, which now owns Prezioso. Together, we will work on new projects while creating synergies and value for our clients and prospects in Senegal”.