UAE Business: Khidmah boosts sustainable solutions portfolio with key acquisitions – Gulf Digital News

  • Date: 14-Dec-2022
  • Source: Gulf Digital News
  • Sector:Oil & Gas
  • Country:UAE
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UAE Business: Khidmah boosts sustainable solutions portfolio with key acquisitions – Gulf Digital News

Khidmah, one the region’s leading facilities management and home maintenance companies, said it has acquired two key companies - green building enabler Pactive Sustainable Solutions and Mace Group’s UAE-based hard facilities management unit - Mace Macro Technical Services.

Pactive Sustainable Solutions (Pactive) is an accredited Energy Service Company (Esco), a certified energy auditor, and a company that specialises in energy performance contracts, building and industrial energy audits, and Green Building Services such as LEED Certifications and 3D Energy Modelling.

Pactive also specialises in HVAC Automation and has unique solutions to save energy in split air conditioners. Mace Macro Technical Services, part of global Property Agent Mace Group, provides Hard Facilities Management solutions to various commercial buildings in the region.

These acquisitions are part of Khidmah’s expansion and growth strategy that aims to strengthen its services proposition and geographical reach while driving the company’s operational and financial performance forward, said a statement from the company.

They open new opportunities for Khidmah and its clients, enabling the company to provide various sustainable solutions that help built environments become greener, as well as grow its portfolio and geographic footprint throughout the UAE and the wider region, it stated.

On the strategic move, CEO Abdellatif Sfaxi said: "Acquiring Pactive