Abu Dhabi-based Eltizam Asset Management Group has announced that it expects to acquire companies from multiple sectors including facilities management, owners association management and property management in the UAE and across the Gulf in order to further enhance its position within the regional market.

Eltizam Asset Management stated that is has assigned a value of AED 200 million for mergers and acquisitions (M&A) activity, with expansion in Oman, Kuwait and Saudi Arabia.

Chris Roberts, the Chief Executive Office at Eltizam Asset Management Group, said, Eltizma sees M&A as the natural strategic next step, in order to further expand its service platform which is underpinned by strong service excellence, operational standards and technology pillars.

This strategic move will also bring us closer to our mission of achieving exceptional customer happiness in an engaging, safe and secure environment sustainably delivered through innovative tech solutions by our trusted and talented professionals and partners, Roberts said.

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