Quality Industrial Corp. completes acquisition of 51% interest in Al Shola Al Modea Gas Distribution LLC (Al Shola Gas)
Acquiring Company
Quality Industrial
Acquired Company
Al Shola Al Modea Gas Dist LLC
San Francisco
DubaiEnergyOil And GasEnergyOil And GasDescription
Quality Industrial Corp. (QIND) has successfully acquired a 51% interest in Al Shola Al Modea Gas Distribution LLC (Al Shola Gas) and is now focused on the integration and expansion of the completed new acquisition. The acquisition provides QIND with an opportunity to target lucrative central gas pipeline engineering and supply contracts in the Middle East and Africa, while also expanding Al Shola Gas' fleet and its market presence.
Quick answer
Quality Industrial is acquiring Al Shola Al Modea Gas Dist LLC, announced April 9, 2024. Quality Industrial is based in San Francisco, California, United States.
- How much did Quality Industrial pay for Al Shola Al Modea Gas Dist LLC?
- The deal value was not disclosed.
- What does Quality Industrial do?
- Quality Industrial Corp. (QIND) is a Manufacturer and Service Provider for the Industrial, Oil & Gas and Utility sectors.
- Where are Quality Industrial and Al Shola Al Modea Gas Dist LLC based?
- Quality Industrial is based in San Francisco, California, United States. Al Shola Al Modea Gas Dist LLC is based in Dubai, Dubai, United Arab Emirates.
- Who are the decision-makers at Quality Industrial?
- Fundz holds 1 contact at Quality Industrial. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Quality Industrial, and when
When Quality Industrial changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Al Shola Al Modea Gas Dist LLC?
Al Shola Al Modea Gas Dist LLC was acquired by Quality Industrial, based in San Francisco. The deal was reported on April 9, 2024. Quality Industrial Corp. (QIND) is a Manufacturer and Service Provider for the Industrial, Oil & Gas and Utility sectors. Quality Industrial is publicly traded (QIND) and operates in Energy.
When did Quality Industrial acquire Al Shola Al Modea Gas Dist LLC?
Quality Industrial's acquisition of Al Shola Al Modea Gas Dist LLC was reported on April 9, 2024. Quality Industrial Corp. (QIND) has successfully acquired a 51% interest in Al Shola Al Modea Gas Distribution LLC (Al Shola Gas) and is now focused on the integration and expansion of the completed new acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Al Shola Al Modea Gas Dist LLC do?
Al Shola Gas LLC, the field of expertise includes but not limited to implementing Central Gas Systems (LPG, Propane & Natural Gas) for Industrial, Commercial, Retail and Residential Verticals. The LPG Systems are developed and implemented as per NFPA 54 & 58. It is privately held, operating in Energy, and is based in Dubai.
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