Al Qassim Cement Buys A MEX Concrete
Qassim Cement Company announced its acquisition of 100% of A Max Ready-Mix Concrete Company’s shares for 65 million SAR, which was officially approved on September 8, 2026. This move aims to integrate the building materials supply chain and strengthen its strategy through vertical integration. The completion of the deal is contingent upon meeting regulatory conditions, including obtaining necessary permits from relevant authorities. The acquisition will be financed through Islamic banking facilities. A Max registered revenues of 54.4 million SAR in 2025. The purpose of this deal is to support the company's growth and diversify its sources of income within the building materials sector.
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