EasyLease, a provider of integrated mobility solutions and a subsidiary of the International Holding Company (IHC), has announced that it has acquired a 60 per cent stake in United Trans, a rail and transportation technology solutions provider and a subsidiary of Alserkal Group of Companies.
Established in 2008, United Trans provides technology-enabled mobility solutions in transportation, including rail, smart mobility, aviation, and marine, as well as security screening solutions, with a strong presence in the railway and smart mobility sectors.
The company was involved in various railway-related projects in the region, including Etihad RailDubai Metro, Dubai Tram, Dubai Airport People Mover & Doha Metro and supported smart mobility projects such as Dubai Bus on Demand, Ajman Bus on Demand & Abu Dhabi Link.
EasyLease shared that by acquiring a majority stake, it will be able to intensify the comprehensive range of mobility solutions it delivers to businesses across diverse sectors.
“The acquisition will also benefit from synergies with EasyLease’s expertise in integrated mobility solutions combined with United Trans’ extensive experience in the railway and smart mobility sectors creating an unparalleled value proposition for customers,” the company explained.
Commenting on the acquisition, Ahmad Al Sadah, CEO of EasyLease, said: “This strategic move marks a significant milestone in our journey to redefine mobility solutions and to shape the future of transportation across the GCC and the broader MENA region. Through our combined capabilities we can deliver enhanced mobility and transportations and rail solutions that meet the evolving needs of our customers, and as we look ahead, we are in a strong position to unlock and capitalise new possibilities. At its core this partnership has set the stage for further strategic growth opportunities, paving the way for expansion and innovation in the transportation industry.”
Raed Abu-Hijleh, Managing Director of United Trans, added: “This strategic partnership with EasyLease marks an exciting chapter for United Trans. By combining our expertise with EasyLease’s integrated mobility solutions, we are poised to deliver even greater value to our customers across the region, particularly in the fields of railway and smart mobility. With the region on the cusp of a mobility revolution, we stand ready to lead the charge into a future teeming with opportunity and transformation. Together, we aim to drive innovation and efficiency in the transportation sector, ultimately shaping the future of mobility in the GCC and MENA region.”