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Announced

Completed

ADQ-backed Tadweer Group and ICD-backed DUBAL completed the acquisition of Enviroserve.

Synopsis

ADQ-backed Tadweer Group, a waste management company, and ICD-backed DUBAL, an investment company, completed the acquisition of Enviroserve, an e-waste specialist. Financial terms were not disclosed. “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 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 to advance and enhance e-waste management," Ali Al Dhaheri, Tadweer Managing Director and Chief Executive Officer.

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