Deleum has completed the acquisition of a 70% equity stake in PT OSA Industries Indonesia for USD 7M (RM 31.3M) through its wholly owned subsidiary, Deleum Services Sdn Bhd.
PT OSA is a key player in Indonesia’s oil & gas sector, specialising in valve supply and maintenance. As the exclusive channel partner for Baker Hughes valves since 2017, the company brings strong technical capabilities and a team of over 70 professionals.
This acquisition: Expands Deleum’s footprint in Southeast Asia; Strengthens valve services alongside Penaga Dresser in Malaysia; and Enables cross-border collaboration and operational synergies.
Integration is now underway, focusing on aligning operations, enhancing service delivery, and unlocking growth opportunities. The deal includes a USD 2.7M profit guarantee over FY2024–2025, underscoring confidence in PT OSA’s performance.