Shoaibi and Galperti Middle East FZE to set up “Flanges Manufacturing Saudi Arabia”

The joint venture facility intends to manufacture stock and sell finished flanges and other products in Saudi Arabia.
July 2012, Al Khobar Saudi Arabia
Following the 50% partnership Shoaibi Group established with the Galperti Group in 2011 to form “Galperti Saudi Arabia Limited”, Shoaibi Group and the Galperti Group have now inked a joint venture to build a facility that will manufactures and supply various piping material such as finished flanges and other products catering to the energy industry in Saudi Arabia.

The JV was signed with an objective to have a local manufacturing facility that will be located in Dammam Second Industrial city and is planned to be operative by Q1 2013. Galperti has been operating in the Saudi market for more than 45 years and is a worldwide leader in the manufacturing of all types of flanges.

Galperti’s main office is Italy and it has production facilities and warehouses in 20 strategic locations around the world, thus combining the market leading quality of its products with the added advantage of competitiveness on delivery, which enables it to cater to the increasing demands and needs of local projects in the Oil & Gas, Water and Power sectors.