Mulk International, which is a manufacturer and provider of USA's Alubond aluminium composite panels (ACP), has embarked on a strategic partnership with Ajman Holding, an investment company under the enigmatic leadership of His Highness Sheikh Abdul Aziz Al Nuaimi. Through this deal, both companies wish to smoothen the supply chain of Alubond products internationally.
Mulk International, a well-known conglomerate with a 40-year history of innovation and excellence and Ajman Holding are known for their enduring impact in the UAE and beyond, and this alliance strategically positions them to leverage their combined expertise, networks, and resources to achieve even greater success.
Shaji Ul Mulk, Founder and Chairman of Mulk International, a national award-winning enterprise identified in the Top 10 conglomerates by Forbes Middle East, expressed his enthusiasm about the joint venture.
The founder remarked: "This collaboration is not just about two entities coming together, but a synergistic union aiming to create transformative experiences worldwide through our esteemed T10 Cricket League and the renowned Alubond product range."
One of the central aspects of this collaboration involves the T10 Cricket League, which is set to ascend new heights of international acclaim and provide unparalleled cricketing experiences to global audiences. Through this partnership, the league will significantly enhance the visibility of the sport and capture even more global attention.
The joint venture is set to vehemently propagate the use of Alubond's range of products, which is Mulk International's premium offering in the UAE. In a 2004 purchase agreement between ABTI and Mulk Holding, the latter won the manufacturing rights for Alubond products in the UAE. Mulk International, at this moment, upholds the global distribution and manufacturing rights for Alubond USA.
Alubond USA is a global brand of Aluminium Composite Panel (ACP) developed by American Building Technologies INC (ABTI) in Rockford, Illinois, USA and publicised in UAE by Eurocon Building Industries, a group company of Mulk Holdings. The company has production units and auxiliary operations of Alubond in Asia, Africa, Europe and the Middle East, with a client base spread across 100-plus countries.
His Highness Sheikh Abdul Aziz Al Nuaimi narrated: "We are committed to ensuring this cooperation transcends conventional boundaries, setting a benchmark for successful partnerships in the region and the global arena."
"Our combined efforts will not only fortify the domestic market presence of both the T10 League and Alubond but also drive their momentum to new global territories," His Highness added.
Aluminium has pivotal applications in the construction sector, with the downstream product usually being sheets and coils, which are fabricated in a certain way before the final deployment for direct use. To learn vividly about the use of aluminium foils, please have a look at AL Circle's specially curated report, Aluminium Foil and its End Uses.
Receiving the necessary support from Ajman Holding will create a strong market for Alubond products both in the UAE and on a global scale. This strategic endeavour will imperatively heighten the companies' position in the international construction sector. Also, the joint venture will be beneficial for UAE's image as a material provider worldwide, leading the Middle East towards economic, social and industrial growth.
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