Abu Dhabi, UAE — Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), has acquired an additional 40 percent stake in two leading UAE interior design firms, Vision Factory and Decovision.
This move marks a significant consolidation of ESG’s foothold in the burgeoning interior design and furniture manufacturing sectors in the UAE, the company said.
ESG had acquired 60 percent stake in Vision Factory, a key player in furniture and joinery production, in 2022.
ESG’s latest acquisition in Decovision, a premier provider of interior design and engineering services, increases its stake to 85 percent, having previously acquired a 45 percent stake in 2022.
Matar Suhail Ali Al Yabhouni Aldhaheri, Chairman of ESG, said, “Our strategic investments in Vision Factory and Decovision underscore our confidence in their ability to revolutionize and enhance the UAE’s interior design sector. Both entities have established themselves as leaders in their fields, presenting us with an opportunity to drive innovation and spearhead a significant evolution in the market.”
