Tag: acquisition

Construction & Real Estate

Qassim Cement to acquire 100% of A-Mix for $17.3m

Qassim Cement Company has signed a share sale and purchase agreement to acquire 100% of A-Mix Company, a Saudi closed joint-stock company engaged in the production and sale of ready-mix concrete, for SAR65 million ($17.3 million)....

Construction & Real Estate

Aquatech acquires UAE water treatment chemicals firm Metichem

Aquatech, a global provider of water and process technology solutions, has announced the acquisition of UAE-based Metito Chemical Solutions (Metichem) in a deal aimed at expanding its portfolio of specialty water treatment chemicals and operational services in the Middle East and North Africa region. ...

Construction & Real Estate

Dubai Residential REIT buys Jebel Ali townhouses cluster for $243m

Dubai Residential REIT, the GCC’s largest real estate investment trust, has announced the successful acquisition of 220 townhouses at Jebel Ali Village for AED894 million ($243 million) and their addition to its investment portfolio. The cluster comprises a mix of three- and four-bedroom units in a family-oriented community. ...