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NNS Holding raises OCI stake to 57% through purchase
PRIVATEAug 01, 2026•8 days ago
Acquiring Company
NNS Holding
Acquired Company
OCI
NicosiaBrookvilleEnergyBiotechnologyBiopharma
Description
Nassef Sawiris, through NNS Holding, has increased his stake in OCI to 57.1% by purchasing an additional 3 million shares. This acquisition was part of a public offer initiated earlier, under Dutch law requiring disclosure of such transactions. The move signals a potential push toward taking OCI private as it has significantly downsized its operations.
Company Information
Company
NNS Holding
Location
Nicosia, Cyprus, Cyprus
About
NNS Holding is a private investment vehicle controlled by Nassef Sawiris. The firm manages the Sawiris family's capital and investments. It is involved in various sectors including energy and construction. The company aims to drive strategic growth and value for its stakeholders.
Predictive Intelligence
Strategic
ML-powered predictions for NNS Holding's next move
Nicosia
BrookvilleEnergyBiotechnologyBiopharma