Indonesia Conference Directory

In 2017, PT Elnusa acquired PT DW with the aim of increasing the companys capability in the Engineering, Procurement, Construction (EPC) business. The business diversification carried out by PT Elnusa in the EPC field encountered obstacles in terms of Engineering because the company did not have these capabilities despite having mastered the Procurement and Construction side. The acquisition is expected to not only provide added value in terms of capability but also cost savings. The acquisition of Engineering companies is basically a service-based company, so that the companys valuation cannot only use valuation based on the assessment of fixed tangible assets but also the valuation of intangible assets.