Tadweer and Dubal acquire 100% of Enviroserve

Tadweer Group and DUBAL Holding have signed an agreement to acquire 100 per cent of e-waste specialist Enviroserve, in an equal share deal.

The teams

General counsel Seif Radwan Hijazi (pictured above) led Tadwer Group’s team. Willem Pretorius was the responsible legal counsel for Dubal. Afridi & Angell worked as an advisor both for Tadweer and Dubal on the transaction.

About Enviroserve

Founded in 2004 and head-quartered in Dubai, Enviroserve focuses on recycling waste from electrical and electronic equipment generated in the Middle East, Africa and Caucasus region.

Commenting on the transaction, Ali Al Dhaheri (pictured right), Managing Director and Chief Executive Officer of Tadweer Group, said: “Partnerships are core to Tadweer Group’s strategic growth, and agreements with like-minded organisations such as DUBAL Holding is key to unlocking the potential of the circular economy. Our acquisition of Enviroserve, in collaboration with DUBAL Holding, further demonstrates our commitment to investing in alternative solutions to realise our ambition of diverting waste from landfill. We look forward to working closely with DUBAL Holding to advance and enhance e-waste management”.