CGS Wins SAR 29.5 Million Almarai Refrigeration Contract

CGS

4147.SA

0.00

Consolidated Grunenfelder Saady Holding Co. announced on December 9, 2025, that it has been awarded a contract by Almarai Company for a stationary refrigeration solution for a food processing facility in Saudi Arabia. The contract, valued at SAR 29,500,000 excluding VAT, was awarded on December 3, 2025. The financial impact from this award is expected to begin in Q1 of 2026, with no related parties involved in the transaction.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91967&anCat=1&cs=4147&locale=ar

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