Post by Knauf GCC

𝐊𝐧𝐚𝐮𝐟 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐬 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐚𝐣𝐨𝐫𝐢𝐭𝐲 𝐒𝐭𝐚𝐤𝐞 𝐢𝐧 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚’𝐬 𝐔𝐧𝐢𝐭𝐞𝐝 𝐌𝐢𝐧𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬   We are pleased to announce the successful completion of our acquisition of a 63.2% majority stake in United Mining Industries (UMI), a leading Saudi-based manufacturer of gypsum and cement building materials, serving Saudi Arabia and the wider region.   Through this acquisition, Knauf becomes a majority shareholder in UMI, whose large-scale manufacturing operations and mining capabilities position the company as a key player in the regional building materials sector.    As we expand our presence in Saudi Arabia, we remain committed to supporting industrial growth, sustainable development, and the ambitions of Vision 2030 through innovative building materials and solutions.   For more information, please refer to the official press release: 🌐 https://lnkd.in/dbybg-_V #Knauf #StrategicGrowth #SaudiArabia #BuildingMaterials #BuildOnUs