20:October:2014
Search Search
     
   Investments 
   Subsidiaries
   Associates
    Other Investments

 
 
 
 
 
 
Al Maha Ceramics Company SAOC (AMCC)


Al Maha Ceramics Company SAOC is an associate engaged in the manufactue of wall and floor ceramic tiles. It is one of the largest manufacturers of ceramic tiles in Oman.


The manufacturing unit imported from Italy can produce up to 5 million sq.m of Ceramic Tiles per annum. The plant has the capability to produce wall & floor tiles with a maximum size of 750 mm x 750 mm. AMCC caters to regional markets such as the GCC countiries, India and Africa.

 

Voltamp Energy SAOG (formerly Voltamp Manufacturing Co. LLC)


Voltamp Energy SAOG is an associate company of Al Anwar Holdings. Voltamp went public in the year 2008. The public issue created records on the Muscat Securities Market by getting oversubscribed 23 times and was listed at 3x the issue price.


It operates in two primary product segments - Transformers and Switchgear, which are mainly used by Electricity and Utility Companies. The Oil & Gas sector, Industrial Users and large Commercial/ Residential projects also need these products and services of the Company.


Voltamp has been in operation for close to 16 years, and has developed a Brand-name for quality and reliability in Oman as well as other GCC markets. Voltamp products have been specified by a wide variety of Consultants and used in many utility Companies - in Oman and in other Gulf countries.

Voltamp has entered into a technical collaboration with M/s Tatung Co. of Taiwan to manufacture power transformers upto 150 MVA 132 kV class to serve the GCC & MENA regional demand which is presently being met from outside the region.


In Transformers, Voltamp has produced and sold products upto 10 MVA rating. Voltamp has the capability to make products to Customer specifications, as well as those which are to its specifications. In Switchgear, Voltamp has focused on Low Voltage applications.


Voltamp is a consistently profit making company with excellent systems in place having ISO 9001:2002 Certification. Both the Switchgear Division and Transformer Division have been awarded 'His Majesty's Cup' for Industrial Excellence in Year 2003.


Voltamp has also setup a transformer manufacturing plant at Qatar.

 
National Aluminium Products Company SAOG (NAPCO)                                             


National Aluminum Products Company SAOG is an associate company, and is engaged in the business of making aluminum profiles for use in architectural applications and in fabrications. It has an Aluminum profile extrusion capacity of over 1,600 tons/ month.


NAP CO is the sole licensee for WICONA in the Middle East. NAPCO's production capabilities, in terms of quality - range of finishes - quantity, has been recognized by customers in Oman, Europe and Africa. It currently exports more than 85% of its production every month


  NAPCO is ISO 9001:2000 certified company. NAPCO's performance has been recognized and it has received His Majesty's Certificate for Industrial Excellence in 2005.

 
 
Al Anwar Blank Company SAOC (AABCO)


Al Anwar Blank Company SAOC is an associate engaged in the business of making investment castings, which are used in a variety of automobile, engineering and consumer applications. It is the only Investment Casting unit in the Gulf region, and is 100% export oriented unit. AABCO began by having a technical and business collaboration with M/s Feinguss Blank Gmbh (FB), one of the leading Investment Casting units in Europe.


AABCO began operations in 2000, by making semi-finished castings for FB. FB in turn finished these castings and sold it to its European customers. In 2005 AABCO began the process of diversifying its customer base, and is now supplying to engineering customers in UK and India. AABCO has significantly diversified its metal base and also the extent of finishing it does prior to shipment. The technical and business collaboration has since been changed from FB to a group company of the TVS group in India.


AABCO is located in Nizwa Industrial Estate and has commenced commercial production in January 2001. AABCO has been obtained ISO 9002 certification in Sep 2004.

 
Falcon Insurance company SAOC (FIC)


Al Anwar Holdings has been endeavoring to enter the insurance sector. In a bid to diversify its manufacturing dominated portfolio and to also capture the growth in this sector as the economy grows and industrial activity diversifies Al Anwar embarked on this path by forming a national insurance company - Falcon Insurance Company SAOC (Falcon).


Falcon then took over the existing business of a Foreign Insurance Company Al Itthihad Al Watani so that the gestation period was reduced and Falcon began with business portfolio in hand.


Al Ittihad Al Watani (AIAW) was operating in the General Insurance business, as a branch of a foreign insurance company, in Oman since 1977. Falcon has acquired the Insurance Licence, the ongoing business of the Muscat branch and the organisation of AIAW in September 2005. Falcon has since obtained licence for Life insurance too.


Falcon has been capitalised at RO 5.40 million. The Shareholders of Falcon, apart from Al Anwar Holdings and AIAW, include Institutional Investors like Banks & Pension Funds and Investors who have industrial & services businesses in their portfolios.