Business · Developing · 1 min read · Published 4 Nov 2026 ·
FTC Invites Comments on Proposed Energy-Services Merger
By the Luk It Hyah newsdesk · Sources · Reporting disclaimer
The Short
The Fair Trading Commission is inviting comments by 17 November on the proposed acquisition of Buchan 2 and Score Group by Stellex Capital Partners III and OrbeNovo Advisory. Its public notice establishes a review of competition effects in Trinidad and Tobago, rather than approval of the deal.
Related public figures: Bevan Narinesingh
The Full Story
The commission’s public notice identifies Buchan 2 Ltd and Score Group Limited as the acquisition targets and Stellex Capital Partners III LP and OrbeNovo Advisory LLP as the acquiring parties. It says the transaction is under review under Part III of the Fair Trading Act.
Sources: Fair Trading Commission, public invitation for comments ↗
In a Guardian report published on 4 November, executive director Bevan Narinesingh says the businesses supply and maintain industrial valves, actuators and related engineering services for energy and industrial customers in Trinidad and Tobago. He says the commission has reached no conclusion about the transaction.
Sources: Trinidad Guardian, 4 Nov, 7:56 a.m. Trinidad time ↗
The notice gives 17 November 2026 as the deadline for comments, which can be sent to [email protected] with the respondent’s name and contact details. It says submitted information will be handled under the Act’s confidentiality provisions. The Guardian reports that a determination is expected in early December; that is a reported expectation, not a decision already made.
Sources: Fair Trading Commission, public invitation for comments ↗ · Trinidad Guardian, 4 Nov, 7:56 a.m. Trinidad time ↗
Sources
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