# Qassim Cement completes acquisition of Hail Cement for $378m

Qassim Cement Company (QCC) has completed the acquisition of Hail Cement Company (HCC) for US$378m. The transaction was initially announced on 25 September 2022.

- Type: Acquisition
- Announced: 2024-06-19
- Where: Saudi Arabia
- Value: $378.0M
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Qassim Cement Company](https://endata.com/companies/16217.md) (acquirer)
- [Hail Cement Company](https://endata.com/companies/65525.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/18143-qassim-cement-completes-acquisition-of-hail-cement-for-us-378m), 2024-06-19: "Qassim Cement Company (QCC) has successfully completed the acquisition of Hail Cement Company (HCC) for US$378m."

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