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Accelerating growth through strengthening capital position
and re-branding...
Gulf Cryo is a closed shareholding company operating in the industrial gas field in the Middle East, founded as Kuwait Oxygen Company in 1953.
Today Gulf Cryo comprises several affiliated companies. It is the largest manufacturer of industrial, medical and specialty gases in the
Middle East. The group’s proud team of over 600 professionals delivers a complete line of gases from 19 manufacturing plants and product
supply units through a dedicated distribution network of pipelines, intermediate bulk containers and tanker truck fleets.
Gulf Cryo has recently announced that it has successfully executed an authorized capital increase from KD1 mil to KD15 mil
(approximately from USD 3.7 mil to USD 55.5 mil). Within this context, Gulf Cryo will start a smooth transition of re-branding
that encompasses shifting all the brand names of the group companies under one umbrella called Gulf Cryo.
The whole consolidation/re-branding process is expected to be finalized over the next 12 months and Gulf Cryo
will be deciphered as a parent company in the whole Middle East region.
"This increase of the capital base and the associated re-branding and consolidation of our group companies is a
clear testament of our significant commitment to the successful future of Gulf Cryo. It ensures that the company
has the proper financial foundation that enables us to focus on our core business and further enhance the
momentum of pursuing our strategy of aggressive and organic expansion" said Gulf Cryo's Chairman, Mr. Amer Huneidi.
The principal companies of the group are:
Kuwait
- Kuwait Cryo Industrial
- Kuwait Oxygen & Acetylene Company
- Kuwait Industrial Gases Company
- Commercial Warehousing Company
- Gulf Cryo MedGas
- Shuaiba Oxygen (joint venture with Air Liquide)
- Cryo Lease
U.A.E.
- Arabian Industrial Gases Company
- Technical Gas Services
- Gulf Cryo Trade
QATAR
- Gulf Cryo Qatar
- Gulf Cryo Trading
K.S.A.
JORDAN
SYRIA
PAKISTAN
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© copyright 2008 Gulf Cryo, all rights reserved Head Office: Tel: +965 1 802028 Fax: +965 2 326 1270
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