# City Cement drops plans to acquire Umm Al-Qura Cement

City Cement Co. announced it has completed all studies related to a potential acquisition of Umm Al-Qura Cement Co. and has decided not to proceed with the transaction.

- Type: Acquisition
- Announced: 2026-01-02
- Where: Saudi Arabia
- Status: cancelled
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [City Cement](https://endata.com/companies/80699.md)
- [Umm Al-Qura Cement](https://endata.com/companies/80700.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/home/tags/city%20cement), 2026-01-02: "City Cement Co. announced that it has completed all studies related to a potential acquisition of Umm Al-Qura Cement Co (UACC) and has decided not to proceed with the transaction."

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