Emirates Stallions Expands GCC Footprint with Saudi Arabia Deal
Deal News | May 21, 2025 | Zawya
Emirates Stallions Group (ESG) has solidified its presence within the Gulf Cooperation Council (GCC) through a significant acquisition in Saudi Arabia. The group entered into a 16-year agreement for the usufruct rights of 13,000 square meters of warehouse space. This acquisition involves two distinct warehouse facilities, sized 7,448 and 5,991 square meters, under the management of MODON, also known as the Saudi Authority for Industrial Cities and Technology Zones. This strategic move aligns with ESG's objectives to scale operations in the interior design and manufacturing sectors, facilitating faster response times and reducing logistical challenges. The anticipated operational rollout of the new warehouse space is set for the third quarter of 2025, aligning with the growing market demand in the region. Statements from key leaders, Chairman Matar Suhail Al Yabhouni Al Dhaheri and CEO Kayed Ali Kharma, highlight the importance of this milestone in enhancing service capability and fulfilling the strategic ambitions of the group.
Sectors
- Interior Design
- Manufacturing
Geography
- Saudi Arabia – The transaction took place in Saudi Arabia, highlighting the strategic importance of this geography for ESG's GCC expansion.
- United Arab Emirates – Emirates Stallions is headquartered in Abu Dhabi, making UAE another key geographical focus in terms of corporate strategy and operations.
Industry
- Interior Design – The acquisition supports expansion in the interior design sector, indicating ESG's focus on enhancing capabilities in providing comprehensive design solutions.
- Manufacturing – The warehouse acquisition is strategic for ESG’s manufacturing processes, optimizing logistics and production capabilities in the GCC region.
Financials
- – The financial terms of the 16-year usufruct rights for the warehouse space were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Emirates Stallions Group | Purchaser | Company | A company involved in interior design and manufacturing sectors, aiming to expand its footprint within the GCC through strategic acquisitions like this warehouse space. |
| Saudi Authority for Industrial Cities and Technology Zones (MODON) | Selling Company | Government | A Saudi governmental authority responsible for various industrial zones, including the sale of warehouse space's usufruct rights. |
| Vision Furniture & Decoration Factory | Subsidiary of Emirates Stallions | Company | A subsidiary of Emirates Stallions Group, potentially handling operations related to interior design and furnishing. |
| Matar Suhail Al Yabhouni Al Dhaheri | Chairman | Person | The chairman of Emirates Stallions, providing strategic insights into the acquisition's importance. |
| Kayed Ali Kharma | CEO | Person | CEO of Emirates Stallions, highlighting operational advantages of the acquisition. |