Al Qaiseem Cement Buys 'I Mix' for 65M Riyals

Qassim Cement Company announced its full acquisition of A MEX Ready-Mix Concrete for 65 million Saudi Riyals. The completion of the deal is subject to meeting legal and regulatory requirements, with financing arranged through Islamic bank facilities. A MEX is a company engaged in the production and marketing of ready-mix concrete, which recorded revenues of 54.4 million Riyals in 2025. The acquisition aims to strengthen the building materials supply chain integration strategy and diversify revenue sources.

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