UAE-based Saif Bin Darwish has announced its acquisition of Gulf Precast, which is said to be the country’s largest manufacturer of precast concrete.
This acquisition represents a significant strategic move that allows for the integration of Saif Bin Darwish’s extensive expertise in road, bridge, airport, and tunnel projects with the advanced manufacturing capabilities of Gulf Precast. This synergy enhances their combined potential to execute larger, more sophisticated projects with high efficiency and quality, said a statement.
Since its establishment in 1982, Gulf Precast has operated six factories across Dubai and Abu Dhabi with a production capacity of up to 1,500cu/m per day. The company has contributed to the completion of numerous residential, commercial, and infrastructure projects within the UAE and abroad, achieving a distinguished record of awards and recognition.
With this move, Saif Bin Darwish reaffirms its continued commitment to supporting the UAE’s long-term vision for sustainable infrastructure development and solidifying its position in the region’s construction sector, the firm said.
