Switchgear Company Investment Opportunity in Ras Al-Khaimah, United Arab Emirates

- Company is the leading manufacturer of electrical enclosures and switchgear systems for top OEMs in the electrical industry.

- Have OEM partnerships with Eaton, Hager, L&T, Legrand, and Himel and we provide while-label manufacturing for the clients.

- In-house R&D and product development for OEMs.

- In-house product range with type test certificates for electrical panels.

- We are also involved in the trading of circuit breakers and electrical equipment.

- Access to markets across the Middle East and GCC.

- Electrical enclosure manufacturing generates 80% of our sales, and the switchgear manufacturing and trading activities bring in 10% of sales each.

- Company has 5 directors with 1 director holding 40%, 2 directors with 20%, and 2 directors with 10% stake respectively.

- The company has debts/liabilities worth AED 8 million, which will be repaid to the bank after obtaining funds.

Wall mounted enclosures (steel) – Compact & medium-range, floor-mounted enclosures (steel) – large & extendable range, aluminum enclosures (single-walled and double-walled), stainless steel enclosures.

Modular enclosures (or) distribution boards (DBs) –

Row DB – surface & flush DBs with both 16 module & 24 modules, split DB, pan assembly DB, low voltage enclosure systems, main distribution board (MDB), sub-main distribution board (SMDB), motor control center panels (MCC), capacitor bank or power factor correction panel, enclosures with transparent door, telephone cabinets, meter cabinets, relay panels, control panels, circuit breaker enclosures, isolator panels, gland and cabling boxes, mounting plates and battery cabinets for the solar industry.

- Own factory building equipped with AC packaged units, Labour Accommodation in the factory premises (G+1), Machinery, Type test certificates for the entire product range, design software, an ERP system for inventory management. (Total assets valued at AED 18 million)

- Stock/inventory worth AED 4 million.

- Deposits and account receivables worth AED 1 million.

Leased 11,370 sq. m total area in the free zone with own factory building.