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EEF takes over aluminium firm in Dubai
DUBAI - Emirates Extrusion Factory (EEF), a leading aluminium extrusion company in the UAE and a subsidiary of Masharie, the private equity arm of Dubai Investments (DI), on Thursday announced the acquisition of a state-of-the-art production facility for aluminium extruded profiles from AKFA Aluminium and Plastic FZE, to increase its operational efficiency and meet rising demand.
The contract was signed by Khalfan Al Suwaidi, Managing Director, Emirates Extrusion Factory, Ajman, and officials of AKFA Aluminium and Plastic FZE.
As part of the deal, EEF acquires a 10,000 sq. metre factory on leased-land of 35,000 sq. metre at Techno Park, a special free zone under the Jebel Ali Free Zone Authority. The transaction includes the procurement of machinery such as extrusion press in addition to automatic and manual powder coating lines.
The new acquisition will help EEF offer the most reliable aluminium profiles with a guarantee of durability and considerable service life.
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