August 2020
Linklease has completed a transaction with a leading Industrial Gases supplier in the UAE. We have financed gas supply equipment including gas storage tanks and delivery systems for the customer (which is a key component for their industrial gas supply solution). These assets will be used by the customer’s clients which are engaged in metal manufacturing and fabrication. Our customer is engaged in supplying various gases to different industries. These include carbon dioxide, liquid oxygen, liquid nitrogen, liquid argon, dry-ice and helium. The industries they cater to include healthcare, food & beverages, metal manufacturing and fabrication, gymnasiums and entertainment venues. Linklease’s customer is also engaged in providing Cryo based health and wellness services through its own health clubs located in Dubai and Abu Dhabi. The health clubs use the application of cryotherapy to elevate performance, support recovery, improve health and wellness, enhance beauty and achieve slimming. Linklease has also partnered with the health clubs to provide equipment which will be directly used in the cryotherapy process. Linklease is always on the lookout for innovative businesses to partner with and to provide asset financing. In this case, the customer’s business provides state of the art gas supply solutions for industries and simultaneously focuses on health and wellness solutions for individuals.