Netherlands based Roll Group has announced a joint venture with Saudi Arabia based FTE Heavylift for heavylift transportation, installation, and marine works for the Saudi Arabia Market.
Roll Group and FTE heavylift divisions will integrate and operate as one company in Saudi Arabia.
The new company will be called ROLL FTE with the aim of providing end-to-end factory to foundation solutions. The Joint Venture agreement was signed by Roll Group CEO, Peter Rondhuis, and FTE Heavylift CEO, Fawaz Al Shammari.
“ROLL FTE head office will be based in Dammam with operational yards in Jubail, Dammam, Jeddah
and Rabigh. Having a wide reach across Saudi Arabia enables Roll FTE to cater for all our client’s requirements.
The company will also have the relevant transport licenses to execute transportation by road.
Roll Group’s global standards in safety and engineering will be implemented into the Joint Venture.
ROLL FTE’s large fleet of Conventional Hydraulic Axles, SPMT, Mobile Cranes and various installation
equipment will be based in Saudi to deliver comprehensive door to door solutions.”
The Joint Venture also plans on investing in marine assets which will be registered and based in Saudi to
accommodate the growing number of projects in country requiring a combined marine and land
Nimalan Logeswaran, Regional Sales Director for Roll Group MEA said: “The integration of FTE
Heavylift is a key step forward for Roll Group in the Middle East Region. FTE has a strong local
presence and is held in high regard with both local and international clients. Their commitment
to ensuring the highest safety standards in their operation correspondences to Roll Group’s global values
and standards which ensures a seamless integration. By consolidating our equipment and expertise,
we can offer our clients tremendous value with optimised solutions for their heavylift requirements.
Roll FTE will own both marine and land based assets in country thereby providing a one stop shop for
our client’s needs in KSA.
Fawaz Al Shammari, CEO for FTE Heavylift said: “Combining our local knowledge and project expertise with the global capabilities and engineering expertise of Roll Group, will enable us to offer projects in KSA an end to end solution with one contractor. We will bring to the local market the know how of Roll Group
specially in the marine transport and alternative lifting solutions to cater different project specific requirements.”
Roll Group started in 2006 in Netherlands, and it has since developed into one of the key providers of
heavy haulage solutions worldwide in both land and sea, including the Middle East Region.
Roll Group have offices in the America’s, South East Asia, Europe and Middle East.