Nass Corporation

What Nass Corporation does

Nass Corporation BSC (NASS, Bahrain Stock Exchange) is a publicly listed industrial conglomerate headquartered in Manama, Bahrain, operating through 32 companies across six integrated divisions: Engineering & Construction, Manufacturing, Marine, Services & Ecological, Trading & Marketing, and Geographic Markets. Founded in 1963 by Abdulla Ahmed Nass and listed in 2005 as Bahrain's first family-owned public company, the Group serves government ministries, state-owned enterprises, and major industrial clients across the GCC (Bahrain, Saudi Arabia, Kuwait, UAE, Oman, Qatar). Core revenue is generated through turnkey EPC contracts spanning heavy civil, mechanical, electrical, automation, marine, and infrastructure projects, complemented by manufacturing (prefabricated piping via CB&I Nass JV, 12M+ pieces/year grinding wheels at ATI, 30+ MT/day sulphuric acid at Gulf Acid Industries — the sole producer in Bahrain), marine vessel/barge construction (capacity 18-40 units/year) and aggregate shipping (up to 1M tonnes/year via Dona Marine), heavy-lift and crane rental (Sarens Nass JV), exclusive regional distribution of BASF, Hyundai Elevators, ESAB, and SCHWING, and consumer-facing car rental (Allied Car Rental, 600+ vehicles) and education (Applied Science University, 4,000 students).

The business model is primarily project-based contracting supplemented by manufacturing/agency distribution income and consumer service fees. Pricing is bid/quote-based for B2B contracts, with revenue recognition over multi-year project duration. Distribution and trading streams (transaction/margin-based) and education (subscription-based tuition) provide partial revenue smoothing against EPC lumpiness. Geographic reach is achieved via regional affiliates (ANPC in Saudi Arabia since 1995, AGN in Kuwait since 1995, Nass Group LLC in Oman since 2012, and UAE operations since 2010), with the founding Nass family retaining active control through Chairman Sameer Abdulla Nass and a family-dominated board. Reported 2016 gross turnover was BD 135.818 million (~USD 360M), up 37% YoY from BD 99.284 million in 2015, supported by sustained investment in manufacturing capacity (ATI, CB&I Nass), marine infrastructure (2018 Nass Marine expansion), and a diversified agency portfolio. The Group is positioned as a one-stop-shop for GCC construction and industrial clients, with brand equity reinforced by 50+ years of landmark project delivery (Bahrain World Trade Center, Khalifa bin Salman Port, ASRY Basin Quay Wall) and a publicly demonstrated safety record (1M+ man-hours without LTI at ALBA Line 6).

Name

Nass Corporation

Legal name

Nass Corporation BSC

Website

https://nassgroup.com

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Nass Corporation BSC is a publicly listed Bahraini industrial conglomerate operating 32 companies across engineering, construction, manufacturing, marine, trading, and services for government and enterprise clients throughout the GCC. Founded in 1963 and listed on the Bahrain Stock Exchange in 2005.

Ownership category

akta.pro rank

Product category

Industrial Engineering and Construction Services

NAICS

Construction Machinery Manufacturing (333120), All Other Industrial Machinery Manufacturing (333248), Mining and Oil and Gas Field Machinery Manufacturing (33313), Management of Companies and Enterprises (551)

SIC

Misc Industrial & Commercial Machinery & Equipment (3590), General Industrial Machinery & Equipment, Nec (3569), General Industrial Machinery & Equipment (3560), Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industries

Distribution Substations & Switching Stations (MV) EPC (EUAEACAC), Aluminum Project Development, Engineering & EPC (Smelters/Refineries) (IMAKACAO), Process Plant & Materials Handling EPC (Crushing, Conveying, Stockpiles, Loadout) (IMAKAOAE)

Keywords

• Industrial construction services
• Marine vessel building
• Prefabricated piping systems
• Heavy lift crane rental
• Construction chemicals distribution

Headquarters

HQ city

Manama

HQ country

Bahrain

HQ region

Middle East

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Engineering & Construction Contracts: Nass Corporation generates the majority of its revenue through large-scale engineering and construction contracts spanning heavy civil, building, mechanical (EPC), electrical, automation, instrumentation, marine, and infrastructure projects. Projects include bridges, ports, power stations, petrochemical plants, and commercial developments across the GCC. Revenue is project-based and recognized over contract duration.
2. Manufacturing - Industrial Products: Manufacturing divisions produce and sell industrial products including prefabricated piping systems (CB&I Nass), resin bonded cutting and grinding wheels (ATI with 12M+ pieces/year capacity), sulphuric acid (Gulf Acid Industries - 30+ metric tons/day), ready-mixed concrete (Delmon), and precast concrete products (Delmon Precast). Revenue from product sales.
3. Marine Services: Nass Marine Services builds and repairs vessels and barges (up to 40 per year with expanded facility). Dona Marine provides marine shipping transport of limestone and gabbro aggregates (up to 1M tonnes/year). Revenue from vessel construction/repair contracts and freight transportation services.
4. Trading & Marketing - Distribution: Trading divisions deal in construction chemicals and equipment, acting as exclusive distributors/agents for international brands including BASF (construction chemicals via Bahrain Building Chemicals), Hyundai Elevators (via Nass International Trading), ESAB, SCHWING, CASE, and others. Revenue through product sales margins and commissions.
5. Equipment Rental & Specialist Services: Sarens Nass Middle East provides crane rental and heavy lift/shift services (JV with Belgian Sarens). Other services include scaffolding/formwork (Nass Scafform), waste management (Gulf City Cleaning), directional drilling (BHDD), non-destructive testing (NDT), and equipment rental. Revenue from rental contracts and service fees.
6. Education Services: Applied Science University (ASU), founded 2004, operates as an independent higher education institution accredited by Bahrain's Ministry of Education, with capacity for 4,000 students. Revenue from tuition and educational services.
7. Car Rental & Fleet Services: Allied Car Rental operates a fleet of over 600 vehicles with showrooms at Bahrain International Airport and Sitra, offering car rental, fleet leasing, truck movements, and chauffeur services.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels9 records

Core offering

Nass Corporation is a diversified industrial conglomerate delivering engineering and construction (EPC, civil, mechanical, electrical), industrial manufacturing (prefabricated piping, abrasives, sulphuric acid, ready-mix and precast concrete), marine services (vessel and barge building, marine shipping), specialist services (heavy lift, trenchless drilling, waste management, scaffolding), and regional trading/distribution of construction chemicals, elevators, and equipment across the GCC. Customers include government ministries, oil and gas majors, petrochemical operators, EPC contractors, and large industrial developers.

Product overview

Nass The Group is a diversified industrial conglomerate and construction powerhouse headquartered in the Kingdom of Bahrain, established in 1963. The Group encompasses 32 companies operating across six core divisions: Engineering and Construction (offering whole-life-cycle building and electromechanical contracting through NassTech), Manufacturing (producing prefabricated piping systems through CB&I Nass, cutting and grinding wheels through Abrasive Technology Industries, and sulphuric acid through Gulf Acid Industries), Services and Ecological (providing heavy lift through Sarens Nass Middle East, waste management through Gulf City Cleaning, directional drilling through Bahrain Horizontal Directional Drilling, and operating Applied Science University), Marine (building and repairing vessels and barges through Nass Marine Services and providing marine shipping through Dona Marine), Trading and Marketing (distributing vertical transportation systems through Nass International Trading, construction chemicals through Bahrain Building Chemicals, and operating Allied Car Rental), and Geographic Markets (operating in Saudi Arabia, Kuwait, UAE, and Oman through affiliate companies). The portfolio is structured as a platform of inter-related divisions and sub-brands under a unified holding company, creating a one-stop-shop that caters to the full spectrum needs of the region's construction and industrial sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering and Construction Services Whole-life-cycle engineering and construction services across heavy civil works, building construction, mechanical (EPC), electrical, automation and instrumentation, interior fit-out, landscaping, and offshore activities, delivered to government and enterprise clients across the GCC.
• NassTech Electromechanical Solutions Turnkey electromechanical solutions covering the electricity, water supply and oil industries, including research and development of technologies that strengthen the Group's electro-mechanical contracting scope, for utility, water and oil industry clients.
• Abrasive Technology Industries (ATI) - Resin Bonded Cutting and Grinding Wheels State-of-the-art manufacturer of high-quality resin bonded cutting and grinding wheels (100mm to 400mm), using latest Italian manufacturing technology and recipes, with production capacity of over 12 million pieces per year, for industrial and metalworking customers.
• Gulf Acid Industries - Sulphuric Acid Production Production and sale of sulphuric acid using the Double Contact Double Absorption (DCDA) process, delivering over 30 metric tons per day at the highest purity levels; the only manufacturer of sulphuric acid in the Kingdom of Bahrain, supplying industrial and chemical-sector customers.
• CB&I Nass - Prefabricated Piping Systems Manufacture of prefabricated high-integrity piping systems in carbon steel, stainless steel and alloy materials for refineries, petrochemical, chemical, gas processing, offshore, desalination and power projects; ASME-qualified facility for pressure vessels and power piping, serving GCC and international EPC contractors.
• Sarens Nass Middle East (SNME) Heavy Lift and Crane Rental Professional crane rental, heavy lift, shift and transport solutions with expert certified crane operators, serving oil and gas, petrochemical, infrastructure and power projects across the GCC.
• Gulf City Cleaning Company - Cleaning and Waste Management Turnkey cleaning and waste management services to private and public sector clients in Bahrain, including municipal-level solid waste and cleaning contracts.
• Applied Science University (ASU) Independent higher education services (undergraduate and other programs) licensed in Arabic and English, with capacity for 4,000 students, serving school-leavers and adult learners in Bahrain seeking accredited university education.
• Bahrain Horizontal Directional Drilling (BHDD) - Trenchless Technology Trenchless underground installation via horizontal directional drilling, including professional crews, initial geological surveying, computer-assisted network records, and expert advisory, enabling utility and conduit installation without disrupting surface traffic.
• Nass Marine Services - Vessel and Barge Building & Repair Construction of small to medium sized vessels and barges up to 70m in length, plus ship and barge repair at a 520-700 ton capacity marine jetty, with annual capacity of up to 18 barges (40 with expanded facility), for marine, offshore and shipping clients in the GCC.
• Dona Marine - Marine Shipping of Aggregates Marine shipping transport of bulk raw materials (limestone and gabbro) via tug and barge, with carrying capacity up to 26,000 tonnes per trip, supplying ready-mix concrete, precast, asphalt and construction industries with up to 1 million tonnes of aggregates annually.
• Allied Car Rental - Fleet Rental and Chauffeur Services Premium car rental, fleet leasing, truck movements and chauffeur services from showrooms at Bahrain International Airport and Sitra, operating a fleet of over 600 vehicles for individual and corporate clients in Bahrain.
• Nass International Trading - Vertical Transportation Solutions Exclusive agency supplying, installing and servicing Hyundai elevators, escalators, auto-parking systems, material handling systems, platform lifts, and home and hospital lifts for commercial, residential, healthcare and industrial buildings.
• Bahrain Building Chemicals - Construction Chemicals Distribution Distribution of construction chemicals, admixtures, landscaping solutions, paving, polyurea and PU foam spray products as Master Builders Solutions (BASF) distributor and supplier for construction projects across Bahrain.

Quantifiable outcome

• 1 million man-hours without Lost Time Incidents (LTI) at ALBA Line 6 Power Station 5 project
• +4 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

17 partnerships are on record, tiered minor and core.

• KPMGminorImplementation/ SI/ Consulting Partner · 1 January 2017Nass Corporation cooperated with KPMG to organize a Value-Added Tax 101 presentation for all Directors and General Managers on October 4, 2017 at Applied Science University. KPMG's Head of Indirect Taxes provided VAT compliance guidance.
• Jafcon ConsultantsminorImplementation/ SI/ Consulting Partner · 1 January 2017Nass Commercial organized IMS and ISO awareness session in cooperation with Jafcon Consultants to review and update current IMS and ISO procedures and generate new policies for integrated quality services.
• Gama Power Arabia LtdminorImplementation/ SI/ Consulting Partner · 1 January 2015Nass Mechanical and Nass Scafform provided mechanical fabrication, erection works, scaffolding and formwork for PP-13 Power Project in Saudi Arabia (2015) for client Gama Power Arabia Ltd. Scope included HRSG package erection (3 units) and Gas Turbine & Generator erection (6 units).
• Muscat City Centre DeveloperminorStrategic or Co-development Partner · 1 January 2012SNME (Sarens Nass Middle East) entered the Oman market in 2012 to offer heavy lift and access solutions. Projects include Expansion of Muscat City Centre (Cinema Hall), Development of Muscat International Airport, Salalah Port Development, and Ghoubra Desalination Plant.
• Shaheen GroupcoreStrategic or Co-development Partner · 1 January 2010Abrasive Technology Industries (ATI) established in 2010 in Dammam's Second Industrial City as a JV with Shaheen Group, which holds a 20% share. ATI is a state-of-the-art manufacturer of high-quality resin bonded cutting and grinding wheels using Italian manufacturing technology, with production capacity of over 12 million pieces per year. Also established ATI UAE to support Saudi Aramco.
• ESABcoreChannel Partner/ Reseller/ Distributor · 1 January 2010AGN Commercial Division in Kuwait represents ESAB for welding machines, consumables, CNC cutting machines, and welding accessories. ESAB is a major international industrial brand.
• Braemar GolfminorStrategic or Co-development Partner · 1 January 2008Braemar Nass established as a JV in 2006 and incorporated in 2008 to provide quality golf course construction solutions. Participated in Bahrain's First International Golf Course project (1997, USD 20 million).
• CB&I (USA)coreStrategic or Co-development Partner · 1 January 2007CB&I Nass is a joint venture with CB&I (USA) specializing in prefabricated piping systems for industrial projects throughout the Middle East. Manufacturers of high-integrity piping assemblies in carbon steel, stainless steel, and alloy materials for refineries, petrochemical, chemical and gas processing plants, offshore production facilities, desalination plants and power stations. Exports to Taiwan and Australia. CB&I facility is qualified for ASME pressure vessels and power piping.
• Hyundai Elevators Co. LtdcoreChannel Partner/ Reseller/ Distributor · 1 January 2007Nass International Trading is the exclusive agent for Hyundai Elevators Co. Ltd, a world-renowned company with over three decades of experience in pioneering movement systems. NIT handles supply, installation and servicing of elevators, escalators, auto-parking systems, material handling systems, platform lifts, and home and hospital lifts throughout its markets.
• BCS AustraliaminorStrategic or Co-development Partner · 1 January 2007Body Corporate Services (BCS) established in 2007 as a joint venture between Nass The Group and BCS Australia, a world leading Strata Management Company with over 30 years of industry leadership and more than 150,000 properties under management. BCS emerged as Bahrain's premiere Strata Management Company.
• BASF / Master Builders SolutionscoreChannel Partner/ Reseller/ Distributor · 1 January 2006Bahrain Building Chemicals W.L.L. (established 2006) is the Master Builders Solutions distributor in the Kingdom of Bahrain. The Company has grown to become one of the leading suppliers of construction chemicals in the Kingdom. Portfolio includes products from BASF and other leading manufacturers including landscaping solutions, paving, polyurea and PU foam spray.
• Kaleaf (accessibility lifts)minorChannel Partner/ Reseller/ Distributor · 1 January 2006Nass International Trading includes Kalea Disabled Platform lifts among its product offerings, installed at projects such as the BDF Medical Training Center auditorium lift.
• Great Lakes Dredge & Dock CompanycoreStrategic or Co-development Partner · 1 January 2001JV with Great Lakes Dredge & Dock Company for Khalifa bin Salman New Port project (2001, USD 213 million) and Durrat Al-Bahrain development (2004, USD 217 million package). Great Lakes responsible for dredging work; Nass Contracting handled civil construction components.
• Sarens NV (Belgium)coreStrategic or Co-development Partner · 1 January 1999Sarens Nass Middle East (SNME) established in 1999 (JV formalized) as a joint venture with Belgium-based Sarens Group to provide professional crane rental, heavy lift and transport solutions to companies throughout the Middle East. SNME is ISO 9001, 14001 & OHSAS 18001 accredited and has become a leading player in the heavy lift industry across the GCC. SNME operates in Bahrain, Oman, and expanding into other GCC markets.
• Christiani & NielsencoreStrategic or Co-development Partner · 1 January 1999Nass-Christiani & Nielsen JV designed and constructed the Alba Jetty in 1999 (USD 16.9 million). Also JV for GPIC Marine Jetty (1996). Joint venture provided combined expertise for complex marine construction projects.
• Al Ghanim Group (Kuwait)coreStrategic or Co-development Partner · 1 January 1995Al Ghanim & Nass General Trading & Contracting (AGN) established in 1995 as an affiliate company in Kuwait, fast growing and gaining market share in Kuwait's trading and contracting sector. AGN represents industrial suppliers including ESAB, Street Cranes (UK), Club Car (USA), and SENNEBOGEN (Germany). Has gained solid reputation with KNPC, KOC, and PIC for construction and erection works.
• Tarmac InternationalcoreStrategic or Co-development Partner · 1 January 1969First Joint Venture with Tarmac International in 1969 resulted in Bahrain's first concrete company and the Gulf's first ready-mix service provider. JV with Tarmac continued for housing and infrastructure including Bahrain International Airport Apron.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Drake & Scull International: UAE-based MEP, water treatment, and EPC contractor serving GCC infrastructure and oil & gas clients. Comparable to Nass Mechanical, Nass Electrical, and NassTech's electromechanical contracting scope.
• Arabtec Holding: UAE-based construction group with building, MEP, and infrastructure capabilities across the GCC. Comparable to Nass Contracting in vertical and civil construction delivery model and regional customer base.
• National Petroleum Construction Company (NPCC): UAE-based EPC contractor specializing in offshore and onshore oil & gas facilities, with prefabricated piping and structural fabrication capabilities. Directly comparable to Nass Marine Services and CB&I Nass's petrochemical/energy EPC work.
• Al Habtoor Group: UAE-based diversified conglomerate with construction, real estate, hospitality, and education divisions. Highly comparable in family-controlled conglomerate structure and multi-vertical operating model similar to Nass The Group's 32-company structure.
• Consolidated Contractors Company (CCC): Middle East-headquartered EPC contractor with multi-decade GCC presence across oil & gas, civil, and industrial construction. Directly comparable in scope, geography, and customer base to Nass's engineering & construction and marine divisions.
• Bahrain-based Yusuf Bin Ahmed Kanoo Group: Long-established Bahraini industrial conglomerate with construction, trading, distribution, and services operations. Highly comparable to Nass The Group in national origin, family-controlled history, diversified GCC operating model, and exclusive agency/distribution activities.
• Galfar Engineering & Contracting: Oman-headquartered EPC and industrial services contractor serving oil & gas, infrastructure, and utilities clients across the GCC. Directly comparable to Nass Contracting and Nass Mechanical in project type, customer base, and regional scope.

Broad incumbents

• Petrofac: UK-listed global EPC and services provider to the oil & gas industry with significant Middle East operations. Overlaps with Nass's oil & gas and power EPC scopes but operates at substantially larger scale and international footprint.
• Saipem: Italy-headquartered global EPC contractor specializing in oil & gas, refining, and petrochemical projects. Comparable to Nass's EPC, prefabricated piping (CB&I Nass), and marine capabilities, but at vastly larger scale and with broader geographic reach.

Regional players

• Al-Bawardi Co. Saudi Arabia-based industrial and contracting group operating across construction, manufacturing, and services. Comparable in GCC industrial scope and EPC focus, though primarily Saudi-domiciled while Nass is Bahrain-rooted.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/nassgroup

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries34 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nass Corporation