# Obeikan Glass to acquire remaining stake in Obeikan AGC from AGC France

Obeikan Glass Company agreed to acquire AGC France Holding's 50% stake in Obeikan AGC Co. for $3.77 million, giving it full ownership of the joint venture.

- Type: Acquisition
- Announced: 2025-08-31
- Where: Saudi Arabia
- Value: $3.77M
- Status: announced
- Products: glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Obeikan Glass Company](https://endata.com/companies/80206.md) (acquirer)
- [AGC France Holding](https://endata.com/companies/87167.md) (target)
- [Obeikan AGC Co.](https://endata.com/companies/87168.md) (target)

## Sources

- [zawya.com](https://www.zawya.com/en/projects/industry/obeikan-glass-says-work-starts-on-139mln-new-float-glass-facility-431475), 2025-09-10: "On 31 August, Argaam.com said that Obeikan Glass Co. signed an agreement to acquire the remaining stake in Obeikan AGC Co., a joint venture (JV) where it holds 19 percent of shares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.