City Cement

Activity by year

202420252026

Acquisition

Feb 25, 2025ACQUISITIONSaudi Arabia
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.
City Cement acquirer Umm Al-Qura Cement target #Construction Materials argaam.com saudiweek.com
Jan 2, 2025ACQUISITIONSaudi Arabia
City Cement to acquire Umm Al Qura Cement via share swap
City Cement Co (CCC) has reached an agreement to acquire the entire stake of Umm Al Qura Cement Co by increasing capital through the issue of new shares. The deal was announced on 2 January 2025.
City Cement acquirer Umm Al-Qura Cement target #Construction Materials cemnet.com
Oct 24, 2024ACQUISITIONSaudi Arabia$293.0M
City Cement signs deal to acquire Umm Al-Qura Cement via share swap
City Cement signed a share-swap agreement to acquire all shares of Umm Al-Qura Cement, with a swap ratio of 1.11 new CCC shares for each UACC share.
City Cement acquirer Umm Al-Qura Cement target #Construction Materials argaam.com enterpriseam.com

Acquired

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