Former Emrill MD Jason Ruehland makes a return to the FM ME Power list, this time as the CEO of Saudi FM outfit Muheel. Ruehland took over the firm with its revenues at $13.8m (SAR52m) in 2017. The revenues for 2018 increased by 30%, with a 77% increase projected for 2019 – $32.25m (SAR121m).
Headcount has also gone up by 30%, as Muheel now employs 1,650 employees. In terms of contracts the firm provides the full range of soft services to SASREF Waha a five-star beach resort, Abudawood (franchise owners for Cholrox, Ferrero Rocher and Kinder), Abdu Latif Jameel Land (owns the rights for Toyota & Lexus for Saudi Arabia) to name a few.
Over the next 12 months Muheel will provide FM services Tatweer (30,000 schools) and Saudi Cargo.