Emirates Driving Company (EDC), a subsidiary of Multiply Group, has announced the acquisition of a 51% majority stake in Excellence Premier Investment, the parent company of Dubai’s renowned Excellence Driving Centre. This strategic acquisition is part of EDC’s broader expansion plans and commitment to advancing driver education and road safety across the UAE and the GCC.
Acquisition Details:
- Majority Stake: EDC has acquired a 51% stake in Excellence Premier Investment.
- Strategic Growth: This acquisition aligns with EDC’s strategy to explore sustainable growth opportunities locally and across the GCC.
Enhanced Training and Services:
- Training Programs: Both entities will continue to develop advanced training curricula and customized training programs to meet diverse needs.
- Leadership in Education: The collaboration aims to enhance road safety and position EDC as the regional leader in driver education services.
Executive Insights:
- Khaled Al Shemeili, CEO of Emirates Driving Company: “This milestone enables us to advance our vision to provide the best driver education services in the region. Excellence Driving Centre, with its high market value and exceptional customer satisfaction, will become a valuable addition to our company. Together, we will achieve the best outcomes for our customers and expand our services to become the regional leader.”
About Excellence Driving Centre:
- Company Background: Founded in 2020, the centre offers comprehensive vehicle driving education in Dubai through its network of over 20 strategic locations.
- Service Expansion: Known for its customer-centric approach and modern facilities, it has diversified into delivery services, limousine services, and auto workshop operations.
The acquisition marks a landmark collaboration between leading entities in Abu Dhabi and Dubai, underscoring EDC’s commitment to enhancing road safety and providing top-notch driver education services.
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