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30 Dec 2024

APEX Announces Investment with Acquisition of MT-Enterprises

APEX Announces Investment with Acquisition of MT-Enterprises

APEX is proud to announce the successful acquisition of MT-Enterprises, a new strategic growth fund launched by AIS in January 2025.

This milestone marks a significant step forward in APEX’s long-term vision to expand its industrial capabilities and drive innovation across the sector. The acquisition of MT-Enterprises, a respected name in Industrial Services such as Calibration, Inspection, Mechanical Services and Electrical Services, aligns with APEX’s mission to strengthen its portfolio with high-performing, values-driven companies.

This acquisition is not only a milestone for APEX but also a testament to our commitment to building a stronger, more integrated industrial services platform. MT-Enterprises brings deep expertise, a talented team, and a culture that aligns perfectly with APEX’s core values.

With this acquisition, APEX and MT-Enterprises will begin a new chapter of collaboration, focused on operational excellence, customer impact, and shared growth.

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APEX, formerly known as AUJAN Industrial Supplies & Services, announced the launch of its new brand identity, marking a significant milestone in its 45-year journey as a leading industrial services provider in Saudi Arabia. Commenting on the launch, Mr. Rami Qasem, CEO of APEX said; “Our rebranding is not just a change in name; it represents our commitment to innovation, quality, safety, and operational excellence”. He continued, “Through strategic acquisitions of niche market leaders we continue to build on our unique industrial services platform, enhancing client value providing tailored solutions that meet the evolving needs of the market.” As the industrial services market in Saudi Arabia experiences unprecedented growth, driven by significant investments in the petrochemical and oil and gas sectors, APEX is poised to emerge as a local champion, delivering a service experience previously not available in the market. Part of the Energy Capital Group (ECG), APEX was conceived to enhance the Kingdom's industrial infrastructure and support national energy and utility initiatives, in alignment with Saudi Arabia’s Vision 2030. Executed through Energy Captial Group (ECG). “APEX is a vital partner in industrial excellence, empowering the growth and sustainability of the region’s critical industries,” stated Mr. Ali Abdulaziz Alturki, Managing Partner of Energy Capital Group (ECG). He added: “Their commitment to quality, safety, sustainability and client satisfaction aligns with our vision for a sustainable energy future in the Kingdom of Saudi Arabia.”

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