Gaussin teams up with Dubai Industrial Investments

27 March 2008
France’s Gaussin is set to invest AED130m ($35.4m) in Dubai Industrial Park.

The industrial and port trailer company plans to develop a manufacturing plant through a joint venture partnership with the industrial park's greenfield project development arm, Dubai Industrial Investments.

Construction of the facility will be complete by mid-2009.

In January 2008, Gaussin signed a $15m deal with Dubai Ports World for the supply of trailers at the company’s Jebel Ali facility until 2011. Later that month, Dubai Industrial Investments acquired a 51 per cent stake in Gaussin Middle East, Gaussin’s Dubai-based Gulf subsidiary.

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