Page 23 - DUBAL HOLDING PR REPORT - MAY 2024

5/24/24, 4:18 PM Abu Dhabi’s Tadweer, DUBAL Holding acquire Enviroserve – The Gulf Time Newspaper
Abu Dhabi’s Tadweer, DUBAL Holding acquire

Enviroserve

ABU DHABI / AD MEDIA OFFICE

Tadweer group and DUBAL Holding have signed an agreement to acquire 100 percent of e-waste specialist
Enviroserve, with equal ownership of shares among the two entities. Established in 2004, Enviroserve is the

only integrated e-waste processing hub in the Middle East, Africa and Caucasus region. The state-of-the-art
facility is mainly regarded for its capacity to recycle waste from electrical and electronic equipment
generated in the region. Ali Al Dhaheri, Managing Director and Chief Executive Officer of Tadweer group,

said: “Partnerships are core to Tadweer group’s strategic growth, and agreements with like-minded
organisations such as DUBAL Holding is key to unlocking the potential of the circular economy. Our

acquisition of Enviroserve, in collaboration with DUBAL Holding, further demonstrates our commitment to
investing in alternative solutions to realise our ambition of diverting waste from landfill. We look forward to
working closely with DUBAL Holding to advance and enhance e-waste management.”

Ahmad Hamad Bin Fahad, Chief Executive Officer of DUBAL Holding, said: “We are pleased to collaborate
with Tadweer group to acquire Enviroserve, which marks a significant step
in our journey towards sustainability and transforming waste management practices.” “This collaboration is a

testament to our shared goal of fostering innovative solutions for managing waste and underscores our
commitment to create positive environmental impact. Together, we strive to set new benchmarks in

responsible e-waste management, ensuring a cleaner and brighter future for the coming generations.”
Stuart Fleming, Co-founder and Chief Executive Officer of Enviroserve, said: “I am excited about

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