EHC Investment Acquires Al Fanar Gas Group for Strategic Growth
Deal News | Mar 28, 2025 | Zawya
EHC Investment's energy division, Emirates International Gas (EIG), has fully acquired Al Fanar Gas Group, Abu Dhabi's premier gas distribution and maintenance enterprise. Aligned with EHC's long-term strategy, the acquisition seeks to bolster the company's influence and growth in the UAE's evolving energy sector. This transaction also supports national objectives, enhancing infrastructure modernization and operational efficiency as outlined in the UAE Energy Strategy. EHC's leaders highlight the merger's potential to drive innovation and resilience in the energy network, setting new standards in the sector. Al Fanar Gas Group, boasting a diverse clientele and extensive project achievements, anticipates growth and innovation opportunities under EIG's stewardship. The immediate focus post-acquisition will be on seamless integration, promising continuity for stakeholders while paving the way for new market opportunities.
Sectors
- Energy
- Mergers and Acquisitions
Geography
- United Arab Emirates – The article is focused on EHC Investment's acquisition of Al Fanar Gas Group, a company operating across all seven emirates in the UAE.
- Abu Dhabi – The location of both EHC Investment and Al Fanar Gas Group, furthermore, provides context as the site of key projects mentioned.
Industry
- Energy – The energy sector is relevant as the article discusses EHC Investment's acquisition of a gas distribution and maintenance company, contributing to energy solutions and infrastructure.
- Mergers and Acquisitions – This industry classification is relevant due to the merger activity between EHC Investment and Al Fanar Gas Group.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EHC Investment | Acquirer | Company | EHC Investment is a company aiming for strategic growth in the UAE's energy market. |
| Al Fanar Gas Group | Target Company | Company | Al Fanar Gas Group is the largest gas distributor and maintenance provider in Abu Dhabi and a major player in the UAE. |
| Emirates International Gas (EIG) | Operational Arm | Company | EIG is the energy division of EHC Investment, responsible for the acquisition of Al Fanar Gas Group. |
| Ali Al Gebely | Managing Director and Board Member | Person | Ali Al Gebely is involved in EHC Investment's leadership and strategic oversight of its portfolio. |
| Moustafa Rashad | Chief Executive Officer | Person | CEO of EHC Investment, guiding the company’s role in the UAE energy landscape. |
| Khaled Ben Said | Group CEO of Al Fanar Gas Group | Person | Leader of Al Fanar Gas Group, highlighting the company's role and future expectations post-acquisition. |