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Emirates News Agency - Alpha Dhabi acquires majority stake in Metito Holdings

ABU DHABI, 25th September, 2023 (WAM) -- Alpha Dhabi Holding has announced its acquisition of a majority stake in Metito Holdings Ltd., a global leader in the water and wastewater industry. Pending regulatory approvals, this pivotal transaction marks Alpha Dhabi's strategic entry into the water and wastewater domain. The acquisition not only underscores the company's commitment to diversifying its portfolio but also bolsters Metito's mission to broaden smart water solutions across th...
Talal Ghandour Alpha Dhabi Hamad Salem Al Ameri Mitsubishi Corporation Mitsubishi Heavy Industries World Bank
Source: wam.ae

UAE's Alpha Dhabi to Buy Majority Stake in Water Project Developer Metito

United Arab Emirates-based conglomerate Alpha Dhabi said on Monday it plans to acquire a majority stake in the United Arab Emirates-based water and wastewater project developer Metito Holdings. Pending regulatory approvals, Alpha Dhabi said it plans to acquire the stake from Metito's selling shareholders Mitsubishi Corporation, Mitsubishi Heavy Industries, and Gulf Capital. Alpha Dhabi has around 20 offices and 4,500 employees across the world.
Alpha Dhabi Zayed Al Nahyan Sheikh Tahnoun International Holding Company Metito Holdings Royal Group
Source: aawsat.com

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