Abu Dhabi National Co. for Building Materials
AADX:BILDCO2.60
AED
+0.05
(+1.96%)
ISIN
AEA000501014
Return %
Stock
S&P 500
1Y
47.73
14.20
3Y
628.29
81.12
5Y
715.05
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Abu Dhabi United Arab Emirates
- IPO Date
- Nov 15, 2000
- Website
- bildco.ae
- Similar Companies
- Business
- Abu Dhabi National Co. for Building Materials PJSC (BILDCO) is a United Arab Emirates-based public joint-stock company engaged in the manufacturing, processing, marketing, and distribution of building and construction materials. Founded in 1974 and headquartered in Abu Dhabi, United Arab Emirates, the company caters to building contractors, infrastructure developers, and industrial clients across the United Arab Emirates and the broader Middle East. BILDCO operates specialized industrial and fabrication facilities situated primarily in the Musaffah Industrial Area in Abu Dhabi. The company organizes its core industrial operations through dedicated subsidiaries and operational units, offering a comprehensive suite of products and services: BILDCO Aerated Concrete LLC manufactures lightweight, thermally insulated autoclaved aerated concrete (AAC) blocks, reinforced lintels, and wall panels; BILDCO Cement Products LLC produces solid, hollow, and cellular concrete masonry blocks, interlocking paving tiles, curbstones, and customized precast concrete elements; and BILDCO Reinforcing Steel Services supplies high-tensile deformed reinforcing steel bars (rebar), welded wire mesh, mechanical rebar couplers, threading services, and precision cut-and-bend steel fabrication tailored to structural engineering specifications. Additionally, the company engages in the wholesale trading and supply of bulk and bagged Portland cement, sulphate-resistant cement, white cement, timber, commercial plywood, sanitary ware, and structural steel sections. In recent corporate developments, BILDCO completed a comprehensive financial and operational restructuring program, expanding its capital base from AED 300 million to AED 1.5 billion under the majority ownership of Abu Dhabi Integrated Investment Holding to eliminate accumulated deficits and resolve exchange monitoring flags. To drive long-term business diversification, BILDCO formed a strategic development partnership with Wujod Real Estate Development for large-scale sustainable urban community projects in Abu Dhabi, partnered with Osus Smart Building Solutions to integrate advanced 3D concrete printing technologies into its product lines, approved a strategic investment of up to AED 3 billion in Al Khazna Insurance Company, signed an agreement to acquire a 50 percent equity stake in foodstuff distributor AG Group, expanded into leisure hospitality through the acquisition of the Arabian Nights Village Tourist Camp, and advanced plans to upgrade its steel fabrication capacity to 700 metric tons per day.