Holding Companies in UAE
DANA Group of Companies (Est 1991) comprises 7 companies manufacturing value added products in Steel (roof cladding, profile sheets, insulated sandwich panels, cold storages), Water Solutions (Heaters, Coolers & Chillers) & Oil (Engine oil, Lubricants & Greases)
About Holding Companies
Holding companies in UAE own the stocks of other companies in large number, in hopes to own that company. This is a company that does not produce any of its own products but rather buys the shares of other companies in large numbers. By collecting shares of another company in large numbers a holding company increases its chances to own a particular company. With a holding company there are reduce rate of risks for a particular company. There are two types of holding companies pure holding company and mixed holding company. The main aim of a holding company is to own as many shares from a company as possible through which it can get control over a certain company.