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Coating Company Investment Opportunity in Al Jubail, Saudi Arabia

Contracting company providing industrial coating and fabrication services based in Saudi Arabia seek investment.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 10.4 million
Run Rate Sales USD 9.6 million
EBITDA Margin 0 - 10 %
Industries Coating
Locations  Al Jubail
Local Time 2:25 PM Asia / Riyadh
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 3.2 million for 35.0% stake (Native Currency: SAR 12,000,000)
Reason: - One of the stake holders prefer to exit from the business. The other stake holder would like to jo... View More
Includes physical assets worth USD 4.8 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Business runs as contracting company providing industrial coatings, mechanical fabrication and maintenance services to petrochemical and oil companies signing 20-25 client contracts every month.
- We have long term & mid form contracts with SABIC & ARAMCO. Our projects span anywhere from 1 month- 5 year.
- With 30 years of excellence, we have a reputation for 100% client satisfaction and are well-regarded in the Eastern Province.
- We aim for an average yearly turnover of SAR 40 million this year and currently have ongoing projects valued at SAR 100 million.
- Business holds Registration Certificate and approved by all major industries, our company has a well-established and maintained internal system that meets all government regulations.
Products & Services Overview
- We provide industrial coatings, mechanical fabrication and maintenance services for petrochemical and oil sector companies.
- Our primary clientele includes SABIC, SINOPEC, SAUDI ARAMCO and major EPC companies.
Assets Overview
Physical assets include:
1. Big land around 78,000 sq. meters.
2. Compound and facilities for 400 workers to stay.
3. Workshop and administration building.
4. Mechanical division equipment and tools.
5. Power generator and forklifts.
6. Blasting and painting equipment.
7. Scaffolding material.
8. Vehicles.
9. Steel containers.
10. A/C instruments, office furniture, and IT system.
Facilities Overview
Our company owns an 80,000 sqm yard facility, which includes accommodation for over 300 employees, a 1,500 sqm fabrication workshop equipped with EOT cranes and machinery, and an operations office.
Capitalization Overview
- The business is owned by two foreign investment partners, holding 65% and 35% of the shares respectively.
- It operates on project income, carries no debt, and maintains well-organized accounting systems.
Recent Activity
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Contact Business
2 Investors contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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