Quality Industrial Corp. Restructures Purchase Obligations for Al Shola Gas
Acquiring Company
Quality Industrial
Acquired Company
Al Shola Al Modea Gas Distribution L.L.C
San Francisco
North BrabantEnergyOil And GasEnergyOil And GasDescription
Quality Industrial Corp. has entered into an agreement to amend the share purchase agreement related to its 51% ownership in Al Shola Al Modea Gas Distribution L.L.C. The corporation will satisfy $2.0 million of its purchase price obligations through the issuance of shares. Additionally, a share exchange agreement has been established with its majority shareholder, Fusion Fuel Green PLC. This restructuring aligns with Quality Industrial's strategic growth objectives.
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Frequently asked
Who acquired Al Shola Al Modea Gas Distribution L.L.C?
Al Shola Al Modea Gas Distribution L.L.C was acquired by Quality Industrial, based in San Francisco. The deal was reported on October 22, 2026. 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 Distribution L.L.C?
Quality Industrial's acquisition of Al Shola Al Modea Gas Distribution L.L.C was reported on October 22, 2026. Quality Industrial Corp. has entered into an agreement to amend the share purchase agreement related to its 51% ownership in Al Shola Al Modea Gas Distribution L.L.C. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Al Shola Al Modea Gas Distribution L.L.C do?
Al Shola Gas is a gas distribution company operating within the energy sector. With a focus on providing reliable gas distribution services, Al Shola Gas plays a significant role in the regional energy supply. It is privately held, operating in Energy, and is based in North Brabant.
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