# Ma'aden completes $963M acquisition of SABIC's stake in Alba

Saudi Arabian Mining Company (Ma'aden) has completed the acquisition of a 20.6% stake in Bahrain Aluminum Company (Alba) from SABIC Industrial Investment Company for $963.4 million.

- Type: Acquisition
- Announced: 2025-02-19
- Where: Askar, Bahrain, Bahrain
- Value: $963.4M
- Status: completed
- Products: aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ma'aden](https://endata.com/companies/4377.md) (acquirer)
- [SABIC Industrial Investment Company](https://endata.com/companies/83046.md) (target)
- [Bahrain Aluminum Company (Alba)](https://endata.com/companies/83047.md) (target)

## Sources

- [forbesmiddleeast.com](https://forbesmiddleeast.com/industry/energy/saudis-maaden-acquires-sabic-industrial-investments-2062-stake-in-bahrain-aluminium-company-for-$963m), 2025-02-19: "Ma'aden has completed the acquisition of a 20.6% stake in Bahrain Aluminum Company (Alba) from SABIC Industrial Investment Company for $963.4 million."

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