# BILDCO signs MoU to acquire 50% equity interest in AG Group

Abu Dhabi National Company for Building Materials PJSC (BILDCO) has executed a Strategic Acquisition Framework Memorandum of Understanding to acquire a 50% equity interest in AG Group, subject to approvals and conditions precedent.

- Type: Acquisition
- Announced: 2026-06-30
- Where: Abu Dhabi, United Arab Emirates
- Status: announced
- Products: building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [AG-Group](https://endata.com/companies/45152.md) (target)
- [Abu Dhabi National Company for Building Materials](https://endata.com/companies/92729.md) (acquirer)

## Sources

- [osool24.com](https://osool24.com/2026/06/30/bildco-signs-strategic-acquisition-framework-memorandum-of-understanding-to-acquire-a-50-equity-interest-in-ag-group/), 2026-06-30: "BILDCO today announced the execution of a Strategic Acquisition Framework Memorandum of Understanding with AG Group, setting out the agreed framework under which BILDCO will acquire a 50% equity interest in AG Group."

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