Dubai Cranes commences operations as Dubai Investment subsidiary
Dubai Cranes & Technical Services Company LLC has recently commenced operations as a subsidiary of Dubai Investment Industries, the industry arm of Dubai Investments PJSC (DI). The company is the latest addition to DI’s expanding portfolio of subsidiaries, currently tallied at 37 companies with a paid up capital of AED 1.973 billion.
Dubai Cranes is one of the region’s leading manufacturers of technologically advanced overhead material handling equipment and specialises in advanced lifting solutions and maintenance services.
“This valuable company caters to the needs of customers investing in the industrial future of the UAE and the Middle East as cranes are an essential component of many industries. The company’s products and services feature innovative technologies that emphasise safety and provide cost savings solutions to its customers by providing reliability and performance,” said Shukri Al Mehairi, Managing Director, DII.
“Dubai Cranes offers a portfolio of overhead hauling solutions, including wire rope hoists, industrial and explosion-proof cranes, offering a maximum lifting capacity of up to 300 tons. The company is comprised of a team of personnel with more than 50 years of experience, together delivering more than 1500 cranes to the region and working on many of the UAE’s leading real estate development projects” said Andrew Kay, General Manager of Dubai Cranes and Technical Services.
Dubai Cranes also offers customers crane ‘kits’, consisting of pre-packaged crane components needed to build single girder or double girder cranes. Standard pre-engineered kits are available up to 25 ton capacity with spans of up to 30 metres and supplied with comprehensive documentation for easy assembly.
“We’re delighted to finalise this deal as Dubai Cranes is a well established, profitable and recognised company. It is impossible to underestimate the growth of almost all industries in the region within the next few years and Dubai Cranes is well positioned to capitalise on the opportunities that will emerge,” Shukri concluded.