Abu Dhabi - Mubasher: EasyLease, a subsidiary of the International Holding Company (IHC), has acquired a 60% stake in United Trans, a rail and transportation technology solutions provider.
EasyLease seeks to establish synergies between both entities and build conjoin their expertise to deliver enhanced mobility solutions to customers across the GCC and the MENA region, according to a press release.
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.”
“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,” Al Sadah added.
Raed Abu-Hijleh, Managing Director of United Trans, stated: “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,” Abu-Hijleh noted.
In December 2023, EasyLease acquired 60% of Fully Charged, a leading company in the manufacturing, supply, and installation of chargers for electric vehicles (EV).
