De Smet Engineers & Contractors (DESC) majority acquired by Parlym
Parlym designs and builds turnkey energy infrastructure primarily for major industrial players in the Oil & Gas and Nuclear sectors in Europe and Africa. From EPC to technical assistance, including equipment supply and manufacturing, Parlym’s offering allows it to intervene at every key stage of its clients’ projects.
As part of this transaction, and jointly with Wallonie Entreprendre, the Moret Industries Group sold a majority stake in DESC to Parlym in order to create a strategic partnership to leverage the existing industrial synergies between them. This new structure will enable DESC to strengthen the human and financial resources necessary for the development of its international business.