Emirates Stallions Group (ESG), a leading engineering and construction services company and a subsidiary of International Holding Company (IHC), has announced that it has acquired a majority stake in United International Group, the leading provider of labour and comprehensive manpower solutions in the UAE.
The transaction was completed by ESG through its subsidiary Centuray Human Resource and Logistics.
The move is aimed at enhancing the Group’s manpower portfolio, positioning Emirates Stallions Group as one of the leading manpower solutions companies.
The strategic plan aims to deploy over 30,000 skilled professionals by the end of 2024, serving various sectors, said a top official.
"By this acquisition, Emirates Stallions Group is poised to seize a prominent role in the swiftly expanding manpower market in the region," remarked its CEO Kayed Khorma.
"The manpower market has witnessed positive growth over the past three years. We are keen on capitalising on this trend and exploring opportunities to expand our manpower services in some GCC countries," he added.-TradeArabia News Service
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