ECHEVERRÍA IZQUIERDO RISES TO A 61% HIS PARTICIPATION ON NEXXO´S BRANCH
SEPTEMBER, 2017
Echeverria Izquierdo became partners with Nexxo, through the Jander family on 2013, getting the el 51%. Since then, the company has doubled its incomes and today they have more than 2.600 people in Chile and abroad.
To strengthen the working capital and allow new investments and growing for Nexxo S.A., Echeverría Izquierdo S.A. subscribed a capital increase for such society rising to $4.838 million. So, from 51% now they own 61%.
Nexxo it´s a society founded in 1980, in Viña del Mar, by the Jander family which develops specialized services for the petrochemical industry. After a few years, it gained a solid reputation, working with Magallanes, Biobio and Aconcagua´s oil refineries
Currently, it has industrial facilities in Chile, located in Calama, Antofagasta, Concón, Coronel and Punta Arenas and abroad; in Buenos Aires (Argentina) and Río de Janeiro (Brazil). Besides, they count with specialized services for petrochemical plants in Colombia, Perú, Ecuador and Bolivia. Nexxo is a leader company regarding high level industrial maintenance, participating in mining, refineries and oil works, cellulose plants and thermoelectrical power station and working with reactor decoking, tailing pool dredging, fuel tank cleaning, oil pipe and pipelines mining maintenance, high water pressure, et al.
"For Echeverría Izquierdo, Nexxo´s share is highly strategic because among other things, help us to understand their relation with industrial and mining companies to which also offer important services of industrial assembly areas, through its branch Echeverría Izquierdo Montajes Industriales, and projects like EPC, though its branch Echeverría Izquierdo Soluciones Industriales", stated Echeverría Izquierdo´s chairman: Fernando Echeverría.
