NCC acquires majority stake in Grako, Gecko
Facilities management industry to see massive growth — top executive
Abu Dhabi based National Catering Company (NCC) acquired a majority stake in facilities management firms Gecko and Grako and plans to expand to Egypt, a top executive said yesterday.
“The acquisition of Gecko will add to our range of services in the oil and gas sector in Abu Dhabi, while the Grako acquisition will strengthen our foothold in Dubai and the northern emirates,” said Abdullah Mazroui, chairman of NCC during a press conference in Abu Dhabi.
He said there are great opportunities in Dubai as the 2020 Expo draws near and they plan to fully capitalise on the opportunities with the acquisition.
National Catering Company, operating since 1995 in Abu Dhabi, specialises in industrial and corporate catering, facilities management, retail and food and beverage sector.