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IHC’s unit acquires 95% stake in Emirates Gateway Security Services

IHC’s unit acquires 95% stake in Emirates Gateway Security Services
Alpha Dhabi completed the acquisition Emirates Gateway
IHC
IHC
-2.47% 390.30 -9.90

Abu Dhabi – Mubasher: Alpha Dhabi Holding, a subsidiary of International Holdings Company (IHC), has completed the acquisition of a 95% stake in Abu Dhabi-based Emirates Gateway Security Services.

Founded in 2007, Emirates Gateway is one of the leading companies in the field of security guarding and protection services, according to a bourse filing on Tuesday.

It is noteworthy to mention that in late March, Sublime Commercial Investment, a subsidiary of Alpha Dhabi Holding, acquired a 12.21% stake in Aldar Properties from Mubadala Investment Company (Mubadala).