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Eye of Riyadh
Business & Money | Monday 22 October, 2018 4:27 pm |
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ASG Expands Capabilities With Acquisition of Leading Facades Expert, JML UAE

ASGC, one of the leading construction groups in the UAE, has added to its expansive portfolio of services with the purchase of the majority shares in the Australian façade contracting company, JML UAE LLC. The purchase complements ASGC’s strategy in being the UAE’s most trusted full-service contractor, providing customers with control over all aspects of project design and build.

JML UAE LLC was launched in 2006 as the regional representative of leading façade contractor, JML, which was established in 1990 in Newcastle, Australia. The company offers full turnkey solutions from complex design and engineering to manufacturing and site installation. The company has proven expertise as an architectural façade and glazing specialist in Australia, the United Kingdom, Hong Kong, Singapore, New Zealand and the UAE.

In the UAE, JML has worked on many prestigious projects, such as Dubai Festival City, Dubai Metro Red and Green Lines, the Palm Jumeirah monorail stations, Abu Dhabi International Airport, Dubai International Airport, and Bluewaters Wharf Retail. They also undertake projects in Bahrain and Saudi Arabia. JML currently has key projects to deliver for Expo 2020 including Al Wasl offices and Hotels, the Sustainability Pavilion, and the entire Dubai Metro extension.

ASGC and JML UAE have started a successful collaboration even before the acquisition with two major projects in the UAE, which are the forthcoming the Mohammed Bin Rashid Library and the Expo 2020 Sustainability Pavilion, that have paved the way to signing the deal.  

Speaking on the acquisition, Bishoy Azmy, CEO of ASGC, said: “We continually look at how ASGC can develop the strongest suite of premium services that will enable us to manage project delivery from start to finish. We are exceptionally pleased to welcome JML UAE into the ASGC portfolio. The company’s extensive expertise and reputation as a leading façade contractor adds great value to our existing services with world-class experience and capabilities.”

Shaun Duncan, General Manager of JML UAE LLC, said: “This is a very exciting time for JML UAE. ASGC has built a prestigious name for itself through involvement with iconic projects, and we are thrilled to be part of the company’s expansion and growth plans. JML will continue to work on all existing projects, with the added benefit of ASGC’s immense portfolio of manpower, design and technology solutions. We look forward to supporting ASGC in both existing and upcoming projects.”  

Even before the acquisition, ASGC had owned the majority of its supply chain and utilizes mostly in-house resources. This gives it a high degree of control over project quality and delivery. ASGC already employs more than 16,000 construction specialists and workers in the UAE, including five subsidiaries – ASSENT, EB, ASU, HPBS, and ASI.

 

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