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OCS forms joint venture with Saudi’s Zahid Group


Published Dec 5, 2014
OCS Zahid Group Joint Venture

OCS Group has formed a facilities services joint venture in Saudi Arabia with the Jeddah-based Zahid Group.

The new OCS Arabia venture will be headquartered in the King Abdullah Economic City, the new port facility and development zone in Saudi Arabia. The joint venture will complement OCS’s existing operations in the Middle East, which were launched in May 2012, with the signing of a joint venture with Qatar’s Tadmur Holding. The Qatar deal was followed by a second joint venture in the United Arab Emirates, with the family-owned United Technical Services in May 2014.

According to OCS, the Saudi Arabian joint venture will provide clients with an unrivalled combination of local understanding and global expertise in the delivery of total facilities management.

Tags: OCS Group, Zahid Group




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