Alpha Abu Dhabi Holding Company announced the completion of its acquisition of 95% of the capital of Emirates Gate Security Services Company, according to a company statement on the Abu Dhabi Securities Exchange website, today, Tuesday. .
Alpha Abu Dhabi, a subsidiary of the global holding company, announced last June that it had acquired new assets owned by Murban, which included the famous Cheval Blanc Randheli resort. in the Maldives and Union International Hospitality, specializing in facilities management.
Under this deal, the value of the total assets acquired by Alpha Abu Dhabi Holding from Murban has increased to 2.5 billion dirhams, after it had previously announced the conclusion of a deal whose assets amounted to 1.7 billion dirhams, under which Alpha Abu Dhabi acquired a group of assets that included the St. Regis Saadiyat Island Resort, the Luxury Collection Resorts Al Wathba desert, and the Le Noir Café brand.
It is noteworthy that the direct listing and trading of the shares of Alpha Abu Dhabi Holding Company began on the Abu Dhabi Financial Market in late June, and the company's capital is 10 billion dirhams, and it operates in 5 sectors and has 25 Affiliate company.
It is worth noting that Emirates Gate Company, which works in the field of security and protection services, was established in 2007 and is headquartered in the Emirate of Abu Dhabi.
