# Yanbu Cement and Southern Province Cement explore merger

Yanbu Cement Company and Southern Province Cement Company signed a non-binding MoU to evaluate a merger, with due diligence and discussions to follow.

- Type: Acquisition
- Announced: 2024-06-24
- Where: Saudi Arabia
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Yanbu Cement Company](https://endata.com/companies/78204.md)
- [Southern Province Cement Company](https://endata.com/companies/63157.md) (partner)

## Sources

- [constructionweekonline.com](https://www.constructionweekonline.com/business/saudi-yanbu-cement-southern-province-explore-merger-options), 2024-06-24: "Yanbu Cement Company and Southern Province Cement Company announced on Sunday the signing of a non-binding Memorandum of Understanding to evaluate the feasibility of merging the two companies."

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