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30 Year Old International Shipping & Fuel Oil Trading Energy Business

Dubai, United Arab Emirates
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    30 Year Old International Shipping & Fuel Oil Trading Energy Business

    Asking Price:

    $175,000,000

    Gross Revenue

    TBA

    EBITDA

    TBA

    Property ID:

    L#20210112

    Country

    United Arab Emirates

    City:

    Dubai

    Description

    This 30 Year Old International Shipping & Fuel Trading Energy Business aims to be the preferred regional provider of fuel trading in large quantities in all United Arab Emirates ports and off shore through their fleet of road tankers as well as with their supply and tanker vessels.

    Lubricants & grease manufacturing plant under this International Energy Business is designed as per the world class blending system to produce all type of lubricants and grease in highest quality.

    The two refineries are owned by the same company in UAE.

    The two refineries cost them more than half a billion dollars, and this is their market value with all devices, equipment, production lines, permits and licenses for land and sea freight. Who is going to buy will be set for operation as soon as possible.

    The income for the last two years was approximately 1 billion Dirhams, which means around $274 million dollars. In one year it is estimated that the net profit is around $120-130 Millions USD.

    The refineries have housings and warehouses attached to it, which makes it easier for workers to discipline their work.

    Both Refineries have a land, sea and air freight license issued by Dubai, so this is an advantage in shipping their products worldwide.

    All licenses and operating contracts will be transferred and renewed to the new owner.

    Detail

    Updated on August 11, 2021 at 5:01 pm

    Property ID:L#20210112
    Property Type:Manufacturing
    Property Status:For Sale
    Asking Price: $175,000,000
    Gross Revenue:TBA
    EBITDA:TBA
    Competition:BAPCO, NIORDC, SRC, NRC, WZA Petroleum, KAR Oil, Paz Oil, ORL, Jordan Petroleum, KNPC, PetroRabigh, Aramco, Vitol, Uniper, ENOC, ADNOC, Yemen Government
    Support & Training:12 Months
    Reason for Selling:Retirement
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