EasyLease, a prominent player in integrated mobility solutions and a subsidiary of the International Holding Company (IHC), has recently expanded its reach in the regional mobility sector by acquiring a 60% stake in United Trans. Known for its expertise in rail and transportation technology solutions, United Trans is a subsidiary of Alserkal Group of Companies, and this acquisition marks a significant advancement in EasyLease’s strategic expansion.
United Trans, established in 2008, has forged a solid reputation through collaborations with major global organizations in various transport modes. The company boasts substantial achievements in the railway and smart mobility sectors, with its involvement in landmark projects like Etihad Rail, Dubai Metro, Dubai Tram, Dubai Airport People Mover, and Doha Metro. Furthermore, United Trans has been at the forefront of pioneering smart mobility projects, including Dubai Bus on Demand, Ajman Bus on Demand, and Abu Dhabi Link.
EasyLease’s acquisition of a majority stake in United Trans aims to establish synergies and build on combined expertise, enhancing their ability to offer superior mobility solutions across the GCC and the MENA region. This strategic move enriches EasyLease’s portfolio, enabling the company to amplify the range of comprehensive mobility solutions it offers to businesses in various sectors.
Ahmad Al Sadah, CEO of EasyLease, expressed enthusiasm about the acquisition: “This strategic move marks a significant milestone in our journey to redefine mobility solutions and shape the future of transportation across the GCC and the MENA region. Through our combined capabilities, we can deliver enhanced mobility and transportation solutions that meet the evolving needs of our customers. We are now well-positioned to unlock and capitalize on new possibilities, setting the stage for further strategic growth and innovation in the transportation industry.”
Raed Abu-Hijleh, Managing Director of United Trans, also commented on the partnership: “This strategic partnership with EasyLease marks an exciting chapter for United Trans. By combining our expertise with EasyLease’s integrated mobility solutions, we are poised to deliver even greater value to our customers, particularly in railway and smart mobility. With the region on the brink of a mobility revolution, we stand ready to lead the transformation.”
EasyLease’s acquisition of United Trans reflects a clear intent to drive innovation and efficiency in mobility services, particularly in the railway sector. This strategic partnership represents a major step towards expanding EasyLease’s footprint and capabilities in the transportation sector, aligning with the company’s vision to play a pivotal role in shaping the future of mobility in the GCC and MENA region.