# City Cement to acquire Umm Al-Qura Cement in share-swap deal

City Cement Co. issued a firm intention to acquire full ownership of Umm Al-Qura Cement Co. through a share-swap deal, with a swap ratio of 1.11 City Cement shares per 1 Umm Al-Qura share. The resulting entity will be City Cement Co.

- Type: Acquisition
- Announced: 2025-02-25
- Where: Saudi Arabia
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [City Cement](https://endata.com/companies/80699.md) (acquirer)
- [Umm Al-Qura Cement](https://endata.com/companies/80700.md) (target)

## Sources

- [argaam.com](https://www.argaam.com/en/article/articledetail/id/1792839), 2025-02-25: "City Cement Co. (CCC) confirmed plans to fully acquire Umm Al-Qura Cement Co. (UACC), according to a Tadawul statement today, Feb. 25."
- [argaam.com](https://www.argaam.com/en/article/articledetail/id/1793080), 2025-02-25: "Umm Al-Qura Cement Co. (UACC) confirmed that City Cement Co. (CCC) has issued a firm intention to submit an offer to acquire full ownership in the former through a share-swap deal."
- [saudiweek.com](https://saudiweek.com/city-cement-confirms-plans-to-acquire-umm-al-qura-cement/), 2025-02-25: "City Cement Co. confirmed plans to submit an offer to acquire all shares of Umm Al Qura Cement Co. (UACC), according to a Tadawul statement."
- [saudiweek.com](https://saudiweek.com/uacc-supports-ccc-in-takeover-deal/), 2025-02-25: "Umm Al-Qura Cement Co. confirmed that City Cement Co. has issued a firm intention to submit an offer to acquire full ownership in the former through a share-swap deal."

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