At the heart of the JV sits a purpose-built production facility in Jebel Ali, Dubai
Permasteelisa Gartner Middle East, part of leading international façade specialist Permasteelisa Group and ALBADDAD Capital have signed heads of terms setting out a strategic collaboration through a Joint Venture (JV) agreement.
Early plans will focus on establishing a specialist curtain wall production facility to collaborate on façade projects in the region, offering a major and exciting new resource for the construction industry in the Middle East.
The partnership will leverage Permasteelisa Gartner Middle East’s expertise in the design, delivery and installation of complex architectural façades in combination with ALBADDAD Capital’s world leading manufacturing capabilities and capacities.
At the heart of the JV sits a purpose-built production facility in Jebel Ali, Dubai, spanning a plot size of 44,749sqm with an indoor built-up area of 20,000sqm, dedicated to the fabrication of world-class curtain wall systems.
Notable impact
“This partnership will have a notable impact on the way we deliver façade projects in the region, bringing together the long-established strengths of both our companies,” commented Lee Marks, Chief Operating Officer, Permasteelisa Group.
“This is an exciting development for the region, bringing together two of the best specialists in their respective fields to provide customers with something truly special and something we believe to be different to anything else the market has to offer,” remarked Ihab Mouallem, Chief Executive Officer, Al BADDAD.
Permasteelisa Group began working in the Middle East in 2002. Since then, it has completed over 50 giga projects, including many iconic buildings in UAE, Kingdom of Saudi Arabia and Qatar.
Founded in 1971, ALBADDAD Capital has evolved from a local brand into a global leader, setting new industry standards in production capacity, stock availability, sustainability, and innovation.
