The Sky Holding Group announced the launch of its new brand, “Sky Valve”, specialises in the technology of water valves for fire suppression systems and central air conditioners, with targeted sales of LE1.2 billion.
The announcement came during a press conference held on the sidelines of its participation at “FIREX Egypt” exhibition, convened during the period from 1-3 of current November.
For his part, Eng. Khaled Shaddad, Founder and CEO of Sky Holding Group, said the company aims at completing all international examination and accreditation procedures by internationally accredited quality laboratories in preparation for the official launch on the market at the beginning of next year.
With investments of LE350 million and a sales target of LE1.2 billion, the ‘Sky Valve ‘ will be the first of its kind in Egypt and Africa to hold all international certificates and accreditations, CEO Shaddad said.
Established in 2015 as one of the leading companies in Egypt, the group had an alliance of nine national companies working in the field of construction, infrastructure, electromechanical contracting, financial and administrative consultancy, as well as air conditioning technology.
The group has become able to provide its services to the local market through offering a portfolio of diversified products and services that meet all the desires of customers and actually start establishing external alliances to provide the group’s services at the regional and international levels, he also said.
He unveiled that a commercial partnership contract was signed with the Peerless Pump Company; hereby the Sky Group will be the exclusive agent for the supply of all types of fire pumps and central air conditioning systems in the commercial sector.
This is part of an ambitious expansion plan adopted by the company to cope with the massive urban development trend that the Egyptian state is witnessing at present.
