Nesma & Partners, a leading contracting company in Saudi Arabia, has completed its acquisition of Al Yusr Industrial Contracting Company (AYTB), a prominent provider of industrial services in the kingdom. Announced on July 14, 2025, this strategic move positions Nesma & Partners as a leading integrated industrial services platform, enhancing its capabilities in energy, infrastructure, and industrial sectors while aligning with Saudi Arabia’s Vision 2030.
Strategic Expansion and Industry Impact
Nesma & Partners has built a strong reputation in Saudi Arabia’s construction and engineering sectors, delivering high-profile projects that contribute to the kingdom’s infrastructure development. The acquisition of AYTB marks a significant step in expanding its service offerings. By integrating AYTB’s expertise, Nesma & Partners can now provide a comprehensive range of services, including consulting, engineering, construction, commissioning, operations, maintenance, and upgrades across the entire asset lifecycle.
AYTB, with over 40 years of experience, is a well-established firm employing more than 6,000 professionals. The company specializes in plant project services, manufacturing, industrial services, operations and maintenance, and housing and catering. It serves critical sectors such as oil & gas, petrochemical, power generation, and other major industrial sectors in Saudi Arabia. This acquisition strengthens Nesma & Partners’ ability to take on larger and more complex projects, driving innovation and efficiency in the industrial services sector.
The move aligns with Saudi Arabia’s Vision 2030, a national initiative to diversify the economy and bolster industrial development. By combining their strengths, Nesma & Partners and AYTB are well-positioned to contribute to these goals, delivering high-quality services that support the kingdom’s ambitious growth plans.
Operational Autonomy and Leadership Changes
AYTB will continue to operate as an independent company within the Nesma & Partners group, preserving its organizational structure, brand identity, and operational autonomy. This structure ensures that AYTB can maintain its legacy of excellence while benefiting from the resources and expertise of Nesma & Partners.
Samer Abdul Samad, CEO of Nesma & Partners, will also serve as the Chairman of AYTB, providing strategic oversight. Cristiano Tortelli, a seasoned professional with over 30 years of global experience in energy and industrial services, has been appointed as AYTB’s new CEO. Tortelli’s involvement in the acquisition from its early stages positions him to lead AYTB toward continued growth and success.
Leadership Perspectives
Samer Abdul Samad expressed enthusiasm about the acquisition, stating, “We are proud to welcome AYTB into the Nesma & Partners family. AYTB has built a remarkable legacy of performance, particularly in Operations & Maintenance and Plant Industrial Services. This partnership is based on mutual respect, complementary strengths, and a shared commitment to operational excellence.”
Cristiano Tortelli shared his excitement about his new role, saying, “I am honored to join AYTB as CEO at this exciting moment. Together with the leadership team and the skilled workforce across AYTB, we will strengthen what has already been built, grow with confidence, and deliver sustainable value to our clients and stakeholders.”
Broader Implications for Saudi Arabia’s Construction Sector
The acquisition comes at a pivotal time for Saudi Arabia, as the kingdom invests heavily in infrastructure and industrial development under Vision 2030. The combined expertise of Nesma & Partners and AYTB is expected to drive innovation, improve efficiency, and enable the delivery of large-scale projects that support national goals. This move also reflects a broader trend of consolidation in the construction and industrial services industry, as companies seek to scale their operations to meet the demands of major national projects.
About Nesma & Partners
Nesma & Partners is a leading contracting company in Saudi Arabia, known for its expertise in construction, engineering, and project management. The company has a strong track record of delivering high-profile projects for both public and private sector clients, contributing significantly to the kingdom’s infrastructure development.
About AYTB
Al Yusr Industrial Contracting Company (AYTB) is a prominent provider of industrial services in Saudi Arabia, with over 40 years of experience. Employing more than 6,000 professionals, AYTB offers a wide range of services, including plant project services, manufacturing, industrial services, operations and maintenance, and housing and catering. The company serves key sectors such as oil & gas, petrochemical, power generation, and other major industrial sectors.
Key Details of the Acquisition
| Details | Information |
| Announcer | Nesma & Partners |
| Acquisition Completion Date | July 14, 2025 |
| Location | Khobar, Saudi Arabia |
| Acquired Company | Al Yusr Industrial Contracting Company (AYTB) |
| AYTB Description | Prominent provider of industrial services in Saudi Arabia |
| Strategic Impact | Enhances capabilities in energy, infrastructure, and industrial sectors, aligns with Vision 2030 |
| AYTB Operational Status | Independent company within Nesma & Partners group, preserving structure and brand |
| Services Enhanced | Consulting, engineering, construction, commissioning, operations, maintenance, upgrades |
| Nesma & Partners CEO & AYTB Chairman | Samer Abdul Samad |
| New AYTB CEO | Cristiano Tortelli |
| AYTB Employee Count | More than 6,000 |
| AYTB Years of Experience | Over 40 years |
| AYTB Service Sectors | Oil & gas, petrochemical, power generation, and other industrial sectors |
