Coral Group is proud to announce the signing of a strategic agreement with Gmech Middle East (Dubai, UAE), accompanied by a direct acquisition of a stake in the company's share capital. This operation represents a strategic step in Coral Group's vision for expansion in the high-potential emerging markets of the Middle East.
Founded in 2007, Gmech has experienced exponential growth over the last three years, recording a steady increase in turnover thanks to the expansion of its commercial network and its ability to respond flexibly and competently to the needs of local industrial sectors. From 2021 to date, turnover has grown by double digits every year, establishing Gmech as a key player in air treatment systems and pollutant filtration solutions.
The company has a modern production facility in Dubai, equipped with state-of-the-art machinery and high-efficiency assembly lines, enabling it to offer tailor-made solutions with high quality standards and competitive delivery times. Currently, 35 highly qualified employees work at the plant, covering areas ranging from technical design to production and after-sales support.
This partnership not only strengthens Coral Group's direct industrial presence in the Gulf region, but also creates a synergy that combines the technology and reliability of Coral's filtration and purification systems with Gmech's knowledge of the territory and commercial strength.
‘Being an integral part of Gmech allows us to be not only suppliers, but also active players in the industrial development of this strategic area,’ says Claudio Coral. ‘This operation confirms our desire to grow in a sustainable and shared manner, exporting Italian quality and know-how.’
Gmech's management has enthusiastically welcomed Coral's entry into the capital, emphasising that this represents an important recognition of the company's solidity and vision, and an opportunity to further accelerate innovation in its processes and services.