Gulf Aluminium Rolling Mill B.S.C

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Gulf Aluminium Rolling Mill B.S.C - overview

Established

1981

Location

Bahrain, -, Bahrain

Primary Industry

Materials

About

Gulf Aluminium Rolling Mill B. S. C (GARMCO) is a leading manufacturer of high-quality flat-rolled aluminium products, catering to diverse industrial sectors through innovative solutions and sustainable practices. GARMCO operates as a prominent producer of flat-rolled aluminium products, established in 1981 in Bahrain.


The company has maintained a consistent operational strategy centered around aluminium production without any major pivots. It was acquired by Bahrain Mumtalakat Holding Company, although financial terms were not disclosed. GARMCO's offerings are strategically positioned in the global market, with significant operations in Bahrain. GARMCO specializes in the production of high-quality flat-rolled aluminium products, essential in various industrial applications.


Their primary offerings include aluminium sheets, tread/checkered plates, aluminium coils, stucco embossed coils, and slitted coils, designed with specific alloys and dimensions to meet diverse customer requirements. These products are engineered for durability and versatility, finding use in construction, automotive, packaging, and other sectors that demand high-performance materials. GARMCO serves a wide range of clients, including manufacturers, distributors, and end-users across multiple markets, including the Middle East, Asia, Europe, and North America. The company’s focus on recycled aluminium positions it as a key player in the sustainable materials market, appealing to environmentally-conscious customers seeking eco-friendly solutions.


GARMCO generates substantial annual revenue exceeding USD 450 mn, primarily through B2B transactions with various industrial clients. The company's sales model includes partnerships with wholesalers and distributors, enabling them to reach a broad network of customers globally. Each transaction typically involves the bulk purchase of their aluminium products, allowing clients to benefit from competitive pricing structures. GARMCO’s flagship offerings, including their high-quality aluminium sheets and coils, are critical to their revenue stream, reflecting the company's commitment to quality and customer satisfaction.


The firm maintains strong relationships with its client base, ensuring repeat business and ongoing partnerships that support their sales strategy. GARMCO’s future growth strategy includes the launch of new products designed specifically for the automotive and construction sectors, with anticipated releases in the next fiscal year. The company plans to expand into new markets, specifically targeting the African and South Asian regions by 2025, leveraging its established reputation and product range. Recent funding from Bahrain Mumtalakat Holding Company will be allocated to enhance production capabilities and support market entry initiatives to facilitate these growth plans.


Current Investors

Bahrain Mumtalakat Holding Company

Primary Industry

Materials

Sub Industries

Steel & Metals

Website

www.garmco.com/

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Gulf Aluminium Rolling Mill B.S.C - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP DirectCompletedGulf Aluminium Rolling Mill B.S.C-

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