Riyadh — Mubasher: Raoom Trading Company has completed all legal procedures and the transfer of assets for its acquisition of an existing facility in Hail Industrial City, according to a bourse filing.
The transaction is valued at SAR 15 million and involves the takeover of an existing glass factory along with its operational facilities and assets.
The company confirmed that all contracts and assets have been transferred in accordance with applicable regulations.
Raoom noted that this milestone follows the initial acquisition agreement signed on 28 December 2025, which was previously disclosed to the market on 29 December 2025.
The company expects the financial impact of this acquisition to be reflected in its financial statements during the fourth quarter (Q4) of 2026.
Raoom added that the completion marks the final stage of the expansion move into the Hail region, integrating the glass manufacturing plant into the company’s existing portfolio.
No changes to the previously announced costs were reported during the finalization process.
