Founded in 2014, Advanced Metal Works is one of the few regional steel manufacturers capable of making high-precision products, such as precision sheets and plate metals. The company is located in JAFZA and provides its customers with turn-key steel manufacturing solutions, including laser cutting, bending, punching, reverse engineering, and precision finishing.
After being approached by Binghatti, a Dubai-based developer, Advanced Metal Works brought consultants from ValuStrat on board to guide its shareholders through the (potential) sale process. This morning, the two parties announced that the deal has reached a successful close.
The ValuStrat deal team provided M&A advisory services and supported the transaction’s closing.
Described as a “cutting-edge steel manufacturing facility” by Binghatti, Advanced Metal Works will serve as the primary hub for its in-house team of designers, architects, and manufacturing experts. Binghatti provides the design structures for many iconic projects in the UAE, including the Burj Binghatti Jacob & Co Residences and Mercedes Benz Places, with steel components to be manufactured in the newly acquired facility.
The Advanced Metal Works factory will operate with Binghatti’s in-house manufacturing facilities for joinery, aluminium and glass, providing Binghatti with a more integrated supply chain and more control of its end-to-end development process.
“The acquisition and development of this manufacturing facility further cements Binghatti’s unwavering commitment to quality. We are determined to maintain an uncompromising focus on craftsmanship and ensure the highest standards of durability and excellence by overseeing the entire process from inception to completion in our projects,” said Binghatti CEO Muhammad BinGhatti.
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