United States Procurement News Notice - 58081


Procurement News Notice

PNN 58081
Work Detail The move marks Amantra FM’s foray into the construction industry Facilities management (FM) firm Amantra FM has acquired specialist fire-fighting and safety solution provider, AL MANQAB Technical Services. The acquisition is said to mark Amantra’s foray into the construction industry, where the integration of firestop solutions in design stages helps significantly avert fire hazards in the future. The solutions, coupled with installation from trained technicians, constitute AL MANQAB’s and Amantra’s competitive edge in construction. Founded in 2018, AL MANQAB has built a strong portfolio of firestop solutions and ancillary offerings such as safety programs, fire safety audits, hazard identification, and risk assessment. The firm’s expertise encompasses MEP penetrations, electrical risers, shaft openings, floor/wall openings and joints, where sophisticated firestop solutions can play an integral role in averting and mitigating fire-related incidents in the future. “AL MANQAB’s tested-and-proven competencies in firestop solutions will synergise perfectly with Amantra’s existing MEP capabilities to offer enhanced value to our customers. The construction industry can be the custodian of fire safety in future buildings by incorporating sophisticated solutions in the design stages. The resulting preventive rather than reactive approach to fire safety has profound implications for liveability in the urban context. Amantra FM is proud to champion this righteous cause in GCC,” stated Sangeetha B, CEO of Amantra FM. ABM (Al Basti and Muktha), ASGC, and Innovo are among the leading clients who will benefit immensely from that synergy following the acquisition. AL MANQAB is said to have a great track record of improving fire safety and awareness in organisations through employee engagement programs. Such programs touch upon accountability measures and administrative controls to minimise exposure, while underscoring the need to comply with global fire safety standards and protocols. As toxic smoke and fires in buildings are a multi-faceted challenge with causes such as inadequate firestop measures in design stages, the lack of awareness among occupants, and indifference towards regulations and compliance with safety standards, a comprehensive solutions suite like Al MANQAB’s is highly desirable today, the statement explained. Commenting on the acquisition, Naveed Yakub, Area Operations Supervisor at Amantra added, “AL MANQAB’s competencies, coupled with Amantra’s growing ecosystem and an impact-driven approach to facility operations and management, will help institutionalise fire resistance in buildings across GCC. Al MANQAB adds a new dimension of MEP capability to the comprehensive suite of value-centric services we are building under the umbrella of Amantra.” Amantra is said to have differentiated itself in the FM industry through offerings and initiatives rooted in social impact. Amantra FM recently partnered with US-headquartered AtmosAir to help facilities in the region achieve optimal indoor air quality (IAQ) and improve well-being. As part of the landmark partnership, it became an authorised distributor and promoter of AtmosAir’s bi-polar ionisation technology, which boasts a pathogen reduction rate of up to 99% in indoor environments. “The acquisition of AL MANQAB, closely following a major partnership with AtmosAir, adds more impetus to Amantra’s aspirations of driving social, economic, and environmental sustainability in FM operations. We are building an ecosystem around customer-centricity, partnering with and acquiring companies we believe can add measurable value to life in urban facilities without compromising on the liveability of future generations,” concluded Neethu Padmanabhan, Contracts and Customer Experience at Amantra FM.
Country United States , Northern America
Industry Other Industries
Entry Date 25 Jan 2024
Source https://meconstructionnews.com/59042/amantra-fm-acquires-al-manqab-technical-services

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