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03 February 2015
Mitsui completes the purchase of shares in GARMCO Singapore

Bahrain-based Gulf Aluminium Rolling Mill Company (GARMCO), one of the largest downstream aluminium facilities in the Middle East, and Mitsui & Co., Ltd.(Mitsui) together with Perse Metals Pte Ltd.(Perse) today announced that they have completed a transaction, which results in Mitsui’s purchase of a 25% interest in GARMCO Singapore, a company owned by GARMCO and Perse.

Headquartered in Singapore, and with subsidiaries in Thailand and China, GARMCO Singapore is one of the largest non-ferrous service centers in Southeast Asia, where it reprocesses and distributes aluminium coils and sheets, thick plates, bars, extrusions, as well as other wide range of metals products. GARMCO will remain as the majority shareholder of this joint venture.

GARMCO and Mitsui will endeavour to expand GARMCO Singapore’s position as one of the market leaders in Southeast Asia’s non-ferrous products servicing / distributing business by combining both GARMCO’s competitiveness as one of the leading aluminium flat rolled products (FRP) manufacturers in the Middle East and Mitsui’s extensive experience as a global trading, investment and service enterprise.

GARMCO Singapore board members are Mahmood Al Soufi and Graham Bruce representing GARMCO, Yoshinori Takase representing Mitsui and Alvin Tan representing Perse.

GARMCO Singapore will purchase aluminium products mainly, but not limited to GARMCO, in its bid to provide a variety of non-ferrous products and continued unsurpassed services with a wide variety of reprocessing and quality needs.

Aluminium FRP are used in a variety of applications including electronics, transport, food packaging and the construction industry. The world annual demand for FRP exceeds 20 million tonnes with further growth expected in the future.

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360 West Plant Street, Suite 203,
Winter Garden, FL 34787, USA.
  +972-762-8262      
Contact: Jake McGlothlin
E-mail: Jmcglothlin@garmcousa.com
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  +66 2174 5171/2     +66 2174 5173
Contact: Tan Chia Chong
E-mail: chiachong.tan@garmco.com
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Long Duc IP, Long Duc ward, Long Thanh district,
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 (+848) 3930 6065      (+848) 3930 7226

E-mail: hcmc@garmco.com
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(Office / Factory) No. 2 Tuas Basin Link,
638756 Singapore
(Factory) No. 4 Tuas Avenue 8,
639219 Singapore
  +65 6862 1011     +65 6862 5900
Middle East Sales:
North Sitra Industrial Area, PO Box 20725,
Manama, Kingdom of Bahrain
 +973 17731000 Ext.3311     +973  17730542
Contact: Salah Ebrahim Al-Araifi
E-mail:salah.alaraifi@garmco.com
Europe

  +973 17731000 Ext.3355
  +973  17739855
Direct : +973 17734655 

Contact: Mohamed Yusuf Al-Rafaei
E-mail: mohamed.alrafaei@garmco.com
Australia
268-280 Greens Road, Dandenong South,
Victoria 3175,  Australia
  +61 3 9767 3000     +61 3 9767 3003
Contact: Lip Loh
E-mail: lip.loh@garmco.com.au
 

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