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Multiply Group invests further $15m in Firefly
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Alpha Dhabi Holding, formerly known as Trojan Holding, employs about 40,000 staff through 25 different subsidiaries.
The company made a profit of Dh218 million on revenue of Dh3.8bn last year, according to a prospectus document filed to the exchange.
Alpha Dhabi is jointly owned by International Holding Company s IHC Capital and Infinity Wave Holding, each of which hold a 45 per cent stake. The remaining 10 per cent is held by Chimera Investments.
Its investments include a 65 per cent stake in National Marine Dredging Company, the offshore and marine construction company that recently completed a merger with ADQ-owned National Petroleum Construction Company and 100 per cent of contractor Trojan, one of Abu Dhabi s biggest construction groups.