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Emaar Industries & Investments (EII), a private joint stock company and member of Emaar Properties PJSC, has acquired a strategic stake in Gutmann Systems Middle East, the region's leading provider of architectural aluminium glazing systems that support the region's fast-growing construction sector and meet the requirements of modern buildings.
Gutmann Systems Middle East has been associated with several prestigious projects in the region such as the Habtoor Grand Resort & Spa in Dubai, Mixed Tower Developments in Dubai Marina & Jumeirah Lake Towers, Dubai Creek Harbour, Le Souk in Abu Dhabi, Makkah Royal Clock Tower in Makkah, Concorde Towers in Dubai and Point A in Beirut, among others. EII will support Gutmann Systems Middle East in further strengthening its geographic market reach in the region and to expand business opportunities by providing strategic counsel and market guidance.
Nasser Batha, CEO of Emaar Industries & Investments, said: "Our strategy is to partner with high-growth enterprises that operate in promising industrial sectors and have a proven track-record in delivering quality work. By leveraging our market expertise, network and reach, we will work with our partners, enabling them to achieve the next level of growth. Gutmann is one of the established names in the industry that supports the construction sector through its building system and aluminum profiles that are much sought-after by the industry. With the region's focus on infrastructure development, Gutmann has the potential to expand its business reach further - a task we are committed to, following our equity partnership."
Nael Afieh, Managing Director of Gutmann Systems Middle East, said: "The strategic partnership with EII will be a game changer for our operations in the region, as we continue to grow our footprint and business. Across the MENA region, there are significant investments in infrastructure development. This forms an ideal market for our solutions that have demonstrated their high standards of quality. We aim to build long-term value through this association and look forward to the informed guidance and strategic support of EII in boosting our growth."
Working closely with developers, architects, consultants and contractors, Gutmann specialises in providing workable, engineered design solutions within the commercial, residential, hospitality, leisure and retail building sectors. All Gutmann product systems are designed and developed in-house and tested to international industry standards. Its product range include curtain walls; unitised systems; casement, tilt/turn and pivot windows; casement, sliding, pivot, bi-folding, and minimal frame system doors; and façade lighting and media screens, among others.
With its headquarters, logistics warehouse and aluminium-melting plant in Dubai, Gutmann Systems Middle East has a design office in Amman, Jordan; company office in Beirut, Lebanon; and sales presence in Saudi Arabia and Kuwait. The partnership with EII will help to expand the geographic presence.
Gutmann is underpinned by several organisational strengths such as flexibility as a result of uncomplicated procedures, technology knowhow across the value chain, state-of-the-art manufacturing processes, and advanced equipment.
EII shares best practices with its partners, enhances corporate governance structures and provides a flexible capital base to promote all-round growth of its partner companies.
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