Abu Issa Holding Group will acquire a 50% stake in Italy’s Inesing SPA following a strategic partnership agreement signed by the two recently. Inesing is a major company specialising on power systems solution. The agreement was signed by Nabil Abu Issa, vice chairman, Abu Issa Holding and Sami Sejdaj, chairman and CEO of Inesing. Nabil Abu Issa said, “The partnership is very important for our group as Inesing has matured with more than 10 years of experience, knowledge and professionalism at the highest level, consolidating its presence in the market of construction and installation of electrical systems.” “With strong commitment to research and technological innovation, Inesing is able to deliver projects and products up to your needs: From industrial and civil plant to MV and LV panels, from switchboards to the production of hydroelectric power and wind power, from security to the maintenance of any installation carried out. Inesing knows always how to provide ready and targeted answers, with the aim of solving the most specific problems of each customer,” Abu Issa added. Abu Issa said the agreement is another “milestone” for the Abu Issa Holding Group and opens new markets and business opportunities globally. The signing ceremony was also attended by Guido De Sanctis, Italian ambassador to Qatar.
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