Acquiring Company
Saudi Arabian Refineries Company
Acquired Company
Advanced Industrial Supplies Company
Saudi ArabiaSaudi ArabiaEnergyOil And GasManufacturingBuilding MaterialDescription
Saudi Arabian Refineries Company's subsidiary, Masafi Ventures, has acquired an 85% stake in Advanced Industrial Supplies Company for SAR12 million. This acquisition is part of Masafi's strategy to diversify investments in operating businesses. The deal is expected to positively impact financial results by the end of Q4. Sarco aims to expand its business operations through this investment.
M&A Insights
Based on deal dataFrequently asked
Who acquired Advanced Industrial Supplies Company?
Advanced Industrial Supplies Company was acquired by Saudi Arabian Refineries Company, based in Saudi Arabia. The deal was reported on July 26, 2026. Saudi Arabian Refineries Company, known as Sarco, focuses on various industrial ventures. It aims to diversify its revenue through strategic investments. Saudi Arabian Refineries Company is privately held and operates in Energy.
When did Saudi Arabian Refineries Company acquire Advanced Industrial Supplies Company?
Saudi Arabian Refineries Company's acquisition of Advanced Industrial Supplies Company was reported on July 26, 2026. Saudi Arabian Refineries Company's subsidiary, Masafi Ventures, has acquired an 85% stake in Advanced Industrial Supplies Company for SAR12 million. This acquisition is part of Masafi's strategy to diversify investments in operating businesses. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Advanced Industrial Supplies Company do?
Advanced Industrial Supplies Company specializes in the manufacture of wooden and aluminium doors and windows. It also produces kitchens and wooden interior décor products. The company aims to enhance its product range and market reach. It is privately held, operating in Manufacturing, and is based in Saudi Arabia.