Emirates Driving Company (EDC), a member of Multiply Group, has secured a 51 percent majority share in Excellence Premier Investment, the holding company of Excellence Driving Centre. This strategic acquisition is set to enhance the development of cutting-edge training programs and tailor-made curricula for both organizations. The initiative aligns with EDC's strategic vision for sustainable expansion through diverse local and GCC-wide opportunities.
"Excellence Driving Centre, renowned for its market prominence and superior customer service, marks a significant enhancement to our portfolio. Together, we aim to synergize our efforts to deliver optimal results for our clients and extend our service range to dominate the regional market, ultimately elevating road safety throughout the area. This strategic move will bolster shareholder returns and broaden our driving education portfolio across multiple markets," articulated Khaled Al Shemeili, CEO of Emirates Driving Company.
Established in 2020, Excellence Driving Centre boasts a robust network of over 20 strategic sites across the city. Post the launch of its driving center, Excellence Premier Investment has expanded its operations to include delivery services, limousine services, and auto workshop management, all driven by a steadfast dedication to delivering an unparalleled customer experience.
Headquartered in Abu Dhabi, Emirates Driving Company provides a conducive training atmosphere that equips learners with the essential skills for safe and confident driving. EDC reported a profit of Dh63.97 million in the first quarter of 2024, a modest increase from Dh63.15 million in the corresponding period of the previous year.
