Qassim Cement Completes 100% Acquisition of A-Mix
Buraydah, Saudi Arabia — Qassim Cement Company has completed its acquisition of 100% of A-Mix Company’s shares, transferring full ownership to Qassim Cement. A-Mix is now a wholly owned subsidiary of the company. The deal closes a transaction that began with a Share Sale and Purchase Agreement signed on September 9, 2026. The General Authority […] The post Qassim Cement Completes 100% Acquisition…
Buraydah, Saudi Arabia — Qassim Cement Company has finalized its acquisition of 100% of A-Mix Company's shares, making A-Mix a wholly owned subsidiary. The deal, which began with a Share Sale and Purchase Agreement on September 9, 2026, received clearance from the General Authority for Competition on October 7, 2026, with no regulatory hurdles remaining.
Qassim Cement confirmed the transfer of all A-Mix shares at no additional cost from previously announced terms. This acquisition grants Qassim Cement full operational control over A-Mix, impacting its financial reporting and signaling a strategic consolidation move in Saudi Arabia's building materials sector. Investors should closely monitor Qassim Cement's future financial disclosures for A-Mix's consolidated contributions, as the deal's success will hinge on realizing expected synergies.
This acquisition aligns with Saudi Arabia's Vision 2030 goals of industrial consolidation, positioning Qassim Cement for stronger market position and shareholder value in the evolving Saudi economy.
Written by urgent.news from The Saudi Standard's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
