# Talco extends MoU to acquire 60% stake in Eastern Aluminum Extrusion Factory

Al Taiseer Group Talco Industrial Company extended by six months a non-binding MoU to acquire a 60% stake in Dammam-based Eastern Aluminum Extrusion Factory. The extension runs from August 24 to February 23, 2027, to complete due diligence.

- Type: Acquisition
- Announced: 2026-11-07
- Where: Dammam, Saudi Arabia
- Status: announced
- Products: aluminum extrusions
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Al Taiseer Group Talco Industrial Company](https://endata.com/companies/88645.md) (acquirer)
- [Eastern Aluminum Extrusion Factory](https://endata.com/companies/88646.md) (target)

## Sources

- [gulfconstructiononline.com](https://gulfconstructiononline.com/ArticleTA/466673/talco-extends-deal-to-buy-60pc-stake-in-eastern-aluminum-extrusion-factory), 2026-11-07: "Talco has announced that it has extended by six months a non-binding MoU to acquire a 60% stake in Dammam-based Eastern Aluminum Extrusion Factory."

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