Essel Group ME (“EGME”) is a diversified conglomerate operating primarily in the Europe, Middle East, Africa and Asia pacific region.
EGME is part of Essel Group, the Indian multinational conglomerate operating in a broad spectrum of industries including media, packaging, infrastructure and technology. Building on Essel Group’s 90 year history of developing and promoting businesses, EGME is leading the Group’s regional expansion and currently operates subsidiary businesses in the natural resources, energy, industrial supply and logistics, education and financial services sectors.
Our Companies
- Unisol is EGME’s diversified natural resources and energy division which invests in and manages assets and businesses in the oil and gas, potash, iron ore and low carbon intensive sectors.
- Gee Square is a supplies and logistics company, that provides services and solutions to international relief agencies and engineering companies.
- Morgan Gatsby is a diversified financial services group based in Dubai. The group’s capabilities cover Investment Banking, Wealth Management and Corporate Advisory services.
- Four 2 Four specialises in the provision of first-class educational facilities and services.
Our Strategy
Our vision is to actively acquire and manage a portfolio of assets and businesses across a range of sectors capable of delivering sustainable long term growth.
Our natural resources portfolio includes oil and gas, potash and iron ore assets which operate at the low-end of the cost curve and leverage the Group’s expertise in procurement and product distribution. We pursue growth through the acquisition of underdeveloped assets at competitive valuations. Currently, our anchor assets are located across Africa, where there is significant potential and a competitive cost environment. Our assets are strategically located close to existing infrastructure links to enable quick monetisation and transport to end customers.
Through our energy division, we are seeking to capitalise on the growing demand for energy from alternative low carbon sources by investing in new technology led businesses and assets. In 2016, we acquired a stake in LeadCold Reactors, a pioneering Swedish-Canadian developer of lead-cooled small nuclear reactor technology.
Our logistics and services division operates in three key areas; relief supplies, trading of basic goods and engineering supplies. We serve clients across the Middle East, Africa and Asia, and we have worked closely with humanitarian organisations on projects in both regions.
In 2017, EGME diversified into the financial services sector through the acquisition of Morgan Gatsby, the Dubai-based group focused on Investment Banking, Wealth Management and Corporate Advisory.
At EGME, we are committed to being a responsible corporate citizen, both in how we conduct our business and how we contribute to the development of the areas and communities in which we work. We are active in supporting local community initiatives through our oil and gas investments in Africa, and we operate in sectors that facilitate the provision of first-class educational facilities and humanitarian aid to conflict zones across the world.
The Group has a strong financial position and is backed by Essel Group, a global conglomerate with net assets worth in excess of $20bn.