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Qassim Cement Closes Takeover of A-Mix Co

MT Newswires·10/19/2026 10:20:03
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10:20 AM EDT, 10/19/2026 (MT Newswires) -- Qassim Cement (SASE:3040) completed its acquisition of ready-mix concrete manufacturer A-Mix Co, according to a Monday filing. Completion of the deal followed approval from Saudi Arabia's General Authority for Competition. The cement producer previously said it was acquiring 100% of A-Mix Co's shares for 65 million Saudi riyals to strengthen its building materials value chain.