# Knauf to acquire majority stake in United Mining Industries

Knauf announced the planned acquisition of a 63.2% majority stake in United Mining Industries Company (UMI), a Saudi building materials manufacturer. Knauf intends to later offer to acquire up to 100% of UMI shares.

- Type: Acquisition
- Announced: 2026-01-22
- Where: Saudi Arabia
- Status: announced
- Products: building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Knauf](https://endata.com/companies/21151.md) (acquirer)
- [United Mining Industries Co.](https://endata.com/companies/73812.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/knauf-reinforces-long-term-commitment-to-saudi-arabia-through-planned-acquisition-of-a-majority-stake-in-united-mining-industries-company-302667933.html), 2026-01-22: "Knauf today announced the planned acquisition of a majority stake in United Mining Industries Company (UMI), a leading Saudi-based building materials manufacturer serving Saudi Arabia, GCC and Middle East markets."

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