Al-Qassim Cement acquires E-Mix
The Saudi company "Qassim Cement" announced that it has completed the acquisition of 100% of the shares of "E Max for Ready-Mix Concrete," transforming it into a fully owned subsidiary. The deal was valued at 65 million Saudi riyals and will be paid in three installments through Islamic-compliant bank financing. This is part of an agreement signed by both parties in September 2026, preceded by the approval of the Competition Authority to complete the economic concentration process.
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