Today's Edition
ABU DHABI (WAM)
X-SEED Ventures LLC, a leading investments and business consultancy firm based in the UAE, has signed a Memorandum of Understanding (MoU) with Armadillo Speciality Vehicles Ltd, a renowned manufacturer of high-end expedition recreational vehicles (RVs), at the 21st edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX).
This strategic partnership marks a significant step towards assembling Armadillo’s RVs locally in the UAE, with plans to serve the Middle East, Africa, and Eastern European markets.
Under the esteemed patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Emirates Falconers' Club (EFC), ADIHEX serves as a dynamic platform that promotes local and international collaboration across diverse industries, including RVs and motorhomes.
The joint venture will establish an exclusive local assembly facility, leveraging Armadillo’s expertise in manufacturing premium RVs and X-SEED’s experience in facilitating foreign investments and raising local capital. By setting up this local production facility, the partnership aims to enhance regional access to state-of-the-art RVs designed for the most demanding environments.
Khaled Al Faheem, Chairman of X-SEED Ventures, commented, “We are delighted to partner with Armadillo to bring their innovative products to the region. This facility will not only serve as a hub for RV assembly but also as a platform for advancing the UAE’s vision of becoming a global centre for manufacturing excellence.”
Michael Yu, Founder and CTO of Armadillo, said, “We are thrilled to announce the establishment of our first local assembly facility outside of China, right here in the UAE. This marks a significant milestone for Armadillo as we expand our footprint globally after 20 years of dedicated innovation and craftsmanship in luxury expedition RVs.
“The UAE was a natural choice for this expansion, given its strategic location, robust infrastructure, and strong commitment to innovation. By setting up this facility, we are not only bringing our premium RVs closer to our customers in the Middle East, Africa, and Europe but also strengthening our commitment to providing unparalleled service and customisation.
