ABU DHABI (WAM)
Emirates Driving Company (EDC), a subsidiary of Multiply Group, has announced the acquisition of a 51 percent stake in Excellence Premier Investment, the parent company of the Excellence Driving Centre.
The company issued a press release on Monday in which it said that the move is part of EDC's ongoing efforts to expand significantly and enhance its distinguished services.
It is also part of EDC's strategic priorities, where it is exploring sustainable growth through various opportunities locally and across the GCC and working to achieve national and international accreditation for excellence in driver education.
CEO of Emirates Driving Company, Khaled Al Shemeili, said, "With its high market value and exceptional customer satisfaction, Excellence Driving Centre will become a valuable addition to our company, where together we will be able to collaborate to achieve the best outcomes for our customers as well as expand our services to become the regional leader and ultimately enhance road safety across the entire region."
Excellence Driving Centre was established in 2020, while Emirates Driving Company was founded in 2000.