
500K
AED · Asking price
23-Year Marine Equipment Trading Business Supplying the GCC
Dubai, United Arab Emirates
22- Revenue
- AED 1.9M
- Profit
- AED 111K
- Multiple
- 4.5x





Dubai, Dubai, United Arab Emirates
Description: Two-entity marine supply and engineering services group based in Dubai, serving the UAE's shipping, offshore, oil & gas, and dredging industries. 86+ active credit customers, AED 8.5M+ combined annual revenue, prime locations across Dubai Maritime City, JAFZA, and Sharjah.
Deal information
Company: HORIZON MARINE SERVICES L.L.C
Asking price
AED 2M
Revenue
AED 8.5M
Profit
AED 287K
Multiple
7.0x
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Illustrative image. This photo may be AI-generated and may not show the actual business or its assets.
Eight core verticals serving the marine, offshore, oil & gas, and dredging industries:
1. Welding & Cutting — MIG/TIG/ARC machines, electrodes, torches, gas regulators, PPE
2. Safety Equipment — Life jackets, lifebuoys, fire hose, immersion suits, SOLAS-certified gear
3. Marine Products — Navigation lights, sounding tapes, cargo nets, anti-corrosion supplies
4. Metals & Alloys — SS 304/316, brass, copper, aluminium, tensile steel bars, pipes, sections
5. Industrial Supplies — Pipes & fittings, hardware, fasteners, lubricants, abrasives
6. Hand & Power Tools — Full range for ship repair, fabrication, and maintenance
7. Lifting Equipment — Crane equipment, rigging, cargo nets, fall arrestors
8. Engineering Services — Fabrication, tank cleaning, sludge removal, blasting, painting, testing
Revenue model: Product sales (primary, ~70% of revenue) + project/engineering services (~30%). Credit terms: 90-day accounts for qualified marine companies. Gross margin range: 15–22%, target blended 20%+ post-merger.
86+ active credit customers across the UAE marine ecosystem. Blue-chip client base includes global marine contractors, offshore operators, dredging companies, and ship owners built over 13+ years. Key relationships with major international marine and infrastructure firms. AED 826K+ accounts receivable book (collectible).
Market: UAE & Middle East marine supply (~USD 4–6B addressable market). UAE is the GCC hub for shipping, offshore O&G, dredging, and ship repair. Global TAM: USD 195B+ (2025). Revenue trend: AED 9.4M (2022) → AED 8.5M (2025 combined), with near-term dip driven by debt servicing and market conditions, now stabilizing with projected growth to AED 15M by 2029.
Two-entity group structure: Dubai LLC (established 2015, operations since 2008) + Jebel Ali Free Zone FZE (established 2023). Three locations: Dubai Maritime City showroom, JAFZA base, Sharjah warehouse logistics hub.
Combined team includes field engineers, technicians, drivers, and admin staff. Vehicle fleet: multiple pickups, 3-ton truck, SUVs — fully mobile service capability. Banking: two major UAE bank relationships. UAE VAT & FTA compliant. Ongoing audit process. Founded and managed by a marine industry veteran with 23+ years of experience across marine logistics, offshore operations, and dredging.
1. Geographic expansion — Oman/Saudi cross-border supply, Abu Dhabi branch opening
2. Service division scale-up — grow field engineering teams for tank cleaning, blasting, fabrication
3. Key account contracts — long-term supply contracts with shipowners
4. New product verticals — OEM spare parts distribution
5. Export sales program — international customer acquisition
6. ISO 9001 certification — quality standard to unlock enterprise tenders
7. Digital systems — ERP deployment, website SEO, e-commerce capability
8. M&A — acquire smaller competitors to consolidate market position
9. Revenue target: AED 25M (2027) → AED 50M (2029)
10. Debt consolidation — reduce finance costs from ~AED 324K to ~AED 140K by 2029
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