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Oil Equipment Company Investment Opportunity in Abu Dhabi, United Arab Emirates

Established oil exploration-equipment import/export business in UAE, seeking partial stake sale to set up factory.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.36 million
Run Rate Sales USD 1.63 million
EBITDA Margin 20 %
Industries Oil Equipment + 1 more
Locations  Abu Dhabi
Local Time 2:21 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 5.4 million for 40.0% stake (Native Currency: AED 20,000,000)
Reason: We are seeking this funding to start a manufacturing unit in UAE to manufacture the drilling and flo... View More
Includes physical assets worth USD 190 thousand
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Business Overview
- The company is an import/export business that deals in drilling and float equipment for oil exploration.
- It is based in Abu Dhabi, UAE, a strategic location for the oil and gas sector due to its proximity to major reserves and markets.
- The company sources its products from multiple international suppliers, with 3-4 companies from China, 2 companies from India, and 3 local companies in its supply chain.
- It holds exclusive partnerships with its suppliers, covering territories including the UAE, Yemen, Libya, Kuwait, and Bahrain.
- The company has established relationships with prominent clients such as ADNOC, ARAMCO, and various government entities, indicating a strong market presence and potential for growth.
- A strategic move for the company involves plans to set up local manufacturing operations in the UAE, in collaboration with an Indian company possessing relevant expertise and immediate capacity for establishing a factory.
- To date, we have identified the factory space, and have struck a partnership with the Indian company that manufactures the equipment.
- The company is in the process of obtaining the necessary licenses to commence factory operations and has a trade license.
Products & Services Overview
Our top-selling products include:
- Drilling and float equipment for oil exploration and they are used by oil and gas companies.
Assets Overview
Tangible assets: Inventory of drilling and float equipment worth AED 700,000.
Facilities Overview
We operate out of a rented office in Abu Dhabi and incur an annual rent of AED 130K.
The factory space we will be operating in is located in the ICAD industrial area in UAE.
- Workshop area 2,700 sq m.
- Total land area 6,500 sq m.
We will be leasing the facility for a period of 50 years.
Capitalization Overview
- The business does not have any loans or debts and is 100% owned by the promoter.
- The Indian company will get 40% ownership of the factory.
- The investor will get a 40% stake in the company as well as the factory.
Recent Activity
  • Earlier than 15 days
    Managing Director, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Business Advisor, Dubai, Business Broker connected with the Business
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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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