Abdul Latif Jameel Land and Al Muhaidib Group have formally launched a new joint venture, Muheel, an integrated facilities management company (IFM) in Saudi Arabia.
The Jeddah headquartered firm has hired Jason Ruehland as CEO as it charts growth to become one of the leading IFM companies in Saudi Arabia and across the Middle East.
Ruehland was previously with Carillion, after which he served as the MD of Dubai-based FM company Emrill before taking on his current role at Muheel.
The partnership is an important step in Abdul Latif Jameel Land and Al Muhaidib Group in building a strong growth presence in a multi-billion riyal industry.
The partnership also reflects Abdul Latif Jameel Land’s commitment to expanding its breadth of capabilities into the facilities management sector as part of its strategy to become a leading player in the regional property and property services market.
The partnership, designed to innovate new services, builds upon the extensive 40 year IFM experience and expertise of Al Muhaidib Group.
Essam A.K Al Muhaidib, CEO of Al Muhaidib, said: “Our combined understanding of the successful growth and diversification of Al Muhaidib Group and Abdul Latif Jameel is central to the strategy and future success of this partnership. We are confident that Muheel represents the best of both companies in approach, and name, and I’m confident that it will quickly become synonymous with high quality service delivery in Saudi Arabia.”
Eng. Mohammed Abdul Latif Jameel, chairman and CEO of Abdul Latif Jameel, said: “Abdul Latif Jameel and Al Muhaidib share a commitment to delivering high quality, innovative solutions for clients. There are many players – big and small – in facilities management, but there is a demand in the market for a true one-stop, integrated solution provider. The new venture is addressing this requirement, bringing our shared values and commitment to excellence to the facilities management sector in Saudi Arabia and beyond.”