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AVERDA

BUSINESS DESCRIPTION:

Averda is the largest environmental solutions provider in the Middle East and Africa region, specializing in integrated resources management. Headquartered in Dubai for its GCC markets, and in London for its other international markets, Averda is at the forefront of innovation, providing sustainable solutions and more than 35 years of experience in the effective management of waste for both private and public sector clients across pedestrian, residential, commercial and industrial areas.

Averda’s extensive portfolio of services range from street cleaning to waste collection, treatment, disposal and recycling. The company’s capabilities also include the development of solutions for water, wastewater and solid waste for public, residential, commercial, and industrial sectors, all within a sustainable framework that respects the natural environment. Averda also designs and implements full-scale solutions to recover valuable and recyclable resources like paper, metals and water.

Serving in excess of 9 million people every day, Averda currently operates in full compliance with international standards for quality control throughout Congo, Morocco, Oman, Qatar, Saudi Arabia, South Africa and United Arab Emirates.

GROUP ENTITIES:

With more than 15,000+ employees serving millions of people every day, Averda operates in full compliance with international standards for quality control throughout South Africa, Morocco, Republic of Congo, Saudi, U.A.E., Oman and Qatar.

KEY OFFICERS:

Mr. Steve Lucas, Chairman
Mr. Malek Sukkar, CEO
Mr. Samir Sharma, CFO
Mr. Mazen Chebaklo, CCO

CONTACT DETAILS:

Averda Dubai Regional Office
Level 2, averda building,
Knowledge Village – Dubai.
T: 00971-4-4497500
E-mail: info@averda.com
www.averda.com

PORTFOLIO:
AVERDA Holding International Limited (DIFC)

STATUS:
Current

ENTRY YEAR:
October 2008

SECTOR:
Environmental Services

INVESTMENT:
Equity – Strategic Minority