With sales of approximately SEK 20 million, EmiSafe has been the lifting business area's partner and distributor in the Middle East for a number of years. The company is primarily engaged in sales of hoisting equipment, as well as testing and servicing of cranes and lifting equipment. Among its customers are construction firms, crane companies, shipyards, harbours and shipping lines, as well as oil and gas companies.

"The Middle East and United Arab Emirates represent an expansive, fast growing region. In line with our strategic focus, the acquisition of EmiSafe initially provides a platform for growth of our lifting business area in the Middle East. But we foresee solid potential for our fastening business area and blocks business unit as well"

While EmiSafe is most active in Dubai, it also has units in the Abu Dhabi and Sharjah emirates. The company is expected to be the hub and distribution centre for Gunnebo Industrier's planned Middle East expansion.

Gunnebo Industrier is acquiring 49%, the highest foreign shareholding permitted in United Arab Emirates, of EmiSafe and has contractual control of the remainder. For reporting purposes, EmiSafe will be fully consolidated into Gunnebo Industrier.