Techno Bond is one of the largest manufacturers of painted aluminium rolls in the Arab and African markets, with its products certified by all government agencies in Saudi Arabia. The company operates advanced production lines with a capacity of 7 mn meters annually.
Bayt Alnomow Capital seized this opportunity by restructuring the company’s operations and addressing its financial challenges, including negotiating debt settlements with banks.
BNC successfully persuaded the founders to transfer ownership to a private equity fund (Saudi Turn Around Fund (STAF 1) at a valuation of SAR 80 mn and raised SAR 20 mn from investors. A significant portion of this capital was used to restructure debt and finance working capital.
In 2022, Techno Bond achieved profits of SAR 8 mn. After launching the Saudi Turn Around Fund (STAF 1) in January 2023, BNC further engaged in financial and management restructuring to unlock the company’s full potential. By 2023, net profits soared to SAR 18 mn, with a projected net income exceeding SAR 24 mn in 2024.
These results demonstrate our commitment to delivering strong returns and creating value for our investors through strategic investments in turnaround opportunities. We plan to list this company in Saudi Stock Exchange ‘’ Nomu’’ in 2026.
72% of our largest clients were involved in at least one social impact case in 2022.
Last year we have generate total profits of SAR 18 million .
Target Company is projected to achieve a bottom line of more than SAR 24 million.
Olaya Road - Olaya District Building No. 6217, second floor
Office No. 201 & 205
Riyadh, Saudi Arabia
