Company Overview
Qassim Cement Company is a Saudi cement producer listed on the Saudi Exchange under code 3040. It manufactures and sells cement and clinker, principally serving construction demand in the central and northern regions of the Kingdom.
In October 2026 the company disclosed that Saudi Arabia's General Authority for Competition had issued a no-objection to the completion of its acquisition of the whole of Amix for Ready Mix Concrete Company, under a share purchase agreement signed with Amix shareholders in September. The company said the decision implied no change to the previously disclosed consideration. The acquisition would take the producer downstream into ready-mix concrete.
Recent Leadership News
Executive Moves has not yet covered a leadership appointment at Qassim Cement Company.
Facts compiled by Executive Moves from publicly available news and press releases on 9 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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