Mannai Corporation stated that its 100% - owned Gulf Laboratories Co WLL subsidiary has concluded a final agreement to sell 49% stake to Cofely Besix facility management LLC.

According to a bourse statement , the deal value stood at QAR12.87 million and was self-financed by Cofely Besix.

The key focus of Cofely Besix Mannai Facility Management will be to drive the improvement of a facility’s performance while reducing operational costs and risks through activities such as maintenance management, energy conservation, life-cycle costing and analysis as well as comprehensive facility and property portfolio management solutions.

The technical service includes the maintenance of air-conditioning, HVAC, electrical including HV activities, and integrated building facilities services as well as managing and delivering soft services, waste removal, grounds maintenance and security.