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).
Qassim Cement Company has signed an agreement with the Saudi Industrial Development Fund (SIDF) to secure key funding for the construction of a fourth production line at its Buraydah plant that will help replace certain production lines and boost its capacity to 10,000 tonnes per day.
