Abu Dhabi – Mubasher: The board of directors of the company approved “ESG Stallions UAE” During his meeting, he decided to add commercial activities to the commercial license and the company’s articles of association.
The company indicated in a statement that the commercial activities that will be added are: management services for companies and private institutions, investment in commercial projects, their establishment and management, and investment and development of real estate projects, their establishment and management..
As well as investment in agricultural projects, their establishment and management, investment in industrial projects, their establishment and management, and facilities management services.
And ASG Stallions Emirates Group announced, earlier, the acquisition of strategic stakes in two Emirati companies, marking the expansion of its operations to include the areas of interior design and product manufacturing..
ASG Stallions has acquired a 60% stake in The Vision Factory, the largest carpentry and furniture manufacturer in the UAE.
The group also acquired a 45% stake in DecoVene, a provider of high-quality engineering and interior design services.
Matar Suhail Al Yabhouni Al Dhaheri, President of ASG Stallions UAE, said: “The two acquisitions are part of our efforts to continue expanding ASG Group revenues from new sources as well as engineering and construction.
Expanding our operations to include interior design and product manufacturing is an important step in the company’s growth strategy, and we will work on making a quantum leap in the design world within the local market.».
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