Acquisition Opportunity: Leading Marine Construction & Engineering Group in the UAE

Company Overview

With over three decades of strong track record, the company is based in UAE and is a leading player in the marine construction and engineering sector. It has successfully executed more than 200 projects with cumulative value exceeding US$ 275 million across the UAE and Saudi Arabia. The Group has three six integrated divisions – Engineering, Metal Fabrication, Civil, Glass Reinforced Plastic (GRP), Carpentry & Joinery, and Marine – offering complete end-to-end solutions unmatched to other domestic competitors.

With its own production facilities and infrastructure, the company ensures highly efficient and flexible operations, enabling it to seamlessly adapt to the increasing market demands in terms of volume, lead times, and quality standards.

Key Business Highlights:

• 38 years of operating history with 200+ completed projects worth over USD 275 million.
• Six fully integrated divisions under one roof, enabling seamless delivery of marine and civil engineering solutions.
• Exclusive expertise in GRP (Glass Reinforced Polymer) technology – the only company globally utilizing this innovation.
• One of only two worldwide producers of elastic anchoring systems, alongside SEAFLEX.
• Strong financial growth: revenues rose from USD 17.7M in 2022 to USD 31.1M in 2024, with EBITDA margins consistently between 17–24%.

Transaction

The promoters are seeking the sale of up to 100% of the Company to a strategic investor with relevant sector experience offering a unique opportunity to acquire a well-established and profitable marine construction group with strong technical expertise, proprietary GRP technology, and scalable growth potential in the UAE and Saudi markets.