Roll Group forms Saudi JV with FTE Heavylift
Netherlands-based Roll Group has formed a new joint venture with FTE Heavylift, a company that will provide heavy lift, transportation, installation and marine works in the Saudi Arabian market. Heavylift divisions of both companies will integrate and operate as a single company, Roll FTE, providing end-to-end factory to foundation solutions.
Roll FTE head office will be based in Dammam with operational yards in Jubail, Dammam, Jeddah and Rabigh. Having a wide reach across Saudi Arabia enables Roll FTE to cater for all its client’s requirements. The company will also have the relevant transport licenses to execute transportation by road.
Roll FTE’s large fleet of Conventional Hydraulic Axles, SPMT, Mobile Cranes and various installation equipment will be based in Saudi to deliver comprehensive door to door solutions.
The JV also plans on investing in marine assets which will be registered and based in Saudi to accommodate the growing number of projects in country requiring a combined marine and land transportation solution.
Nimalan Logeswaran, regional sales director for Roll Group MEA said, “The integration of FTE Heavylift is a key step forward for Roll Group in the Middle East Region. FTE has a strong local presence and is held in high regard with both local and international clients. Their commitment to ensuring the highest safety standards in their operation correspondences to Roll Group’s global values and standards which ensures a seamless integration. By consolidating our equipment and expertise, we can offer our clients tremendous value with optimised solutions for their heavylift requirements. Roll FTE will own both marine and land based assets in country thereby providing a one stop shop for our client’s needs in KSA.”
Fawaz Al Shammari, CEO for FTE Heavylift said, “Combining our local knowledge and project expertise with the global capabilities and engineering expertise of Roll Group, will enable us to offer projects in KSA an end to end solution with one contractor. We will bring to the local market the know how of Roll Group specially in the marine transport and alternative lifting solutions to cater different project specific requirements.”
Roll Group was started in 2006 in Netherlands, and it has since developed into one of the key providers of heavy haulage solutions worldwide in both land and sea, including the Middle East Region. Roll Group have offices in the America’s, South East Asia, Europe and Middle East.
Roll Group adds the joint venture on top of the strategic cooperation agreement with Hebetec Engineering (HTE), a Swiss company that has global experience in the power, civil and offshore markets for tailor made lifting and skidding.