EasyLease Expands into Railways and Smart Mobility with 60% United Trans Acquisition

EasyLease Expands into Railways and Smart Mobility with 60% United Trans Acquisition 

EasyLease, a leading provider of integrated mobility solutions and a subsidiary of the International Holding Company (IHC), has acquired a 60% stake in United Trans, a provider of rail and transportation technology solutions and a subsidiary of Alserkal Group of Companies. This strategic move signifies EasyLease's dedication to broadening its capabilities and footprint in the regional mobility landscape.

Source: WAM

Founded in 2008, United Trans has led the charge in revolutionising regional transportation with its technology-driven mobility solutions spanning rail, smart mobility, aviation, marine, and security screening. Collaborating with major global entities across transportation modes, the company boasts a robust presence in railway and smart mobility sectors.

EasyLease's majority acquisition of United Trans aims to foster synergies between the two entities and pool expertise to deliver enhanced mobility solutions to customers across the GCC and wider MENA region.

Ahmad Al Sadah, CEO of EasyLease, commented, "This strategic move marks a significant milestone in our quest to redefine mobility solutions and shape the future of transportation in the GCC and MENA. Leveraging our combined capabilities, we are poised to offer advanced mobility and rail solutions that cater to evolving customer needs. Looking forward, we are well-positioned to explore and capitalize on new opportunities. This partnership lays the groundwork for further strategic growth, driving expansion and innovation in the transportation sector."

Raed Abu-Hijleh, Managing Director of United Trans, added, "Our strategic partnership with EasyLease heralds an exciting era for United Trans. By merging our expertise with EasyLease's integrated mobility solutions, we are primed to deliver increased value to customers across the region, particularly in railways and smart mobility. As the region braces for a mobility revolution, we are prepared to lead the way into a future filled with promise and transformation. Together, we aspire to spearhead innovation and efficiency in the transportation landscape, shaping the future of mobility in the GCC and MENA."

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