On July 5, 2026, Naqi Water Company announced the signing of a contract with SACMI Imola Società Cooperativa Meccanici (Italy) for the purchase and installation of specialized machinery for manufacturing bottled water caps at the Company's main factory, with a total contract value of SAR 17,575,000 (excluding VAT). The contract was entered into on June 14, 2026, and will be financed entirely through the Company's internal resources. The initiative aims to bring bottled water cap manufacturing in-house, eliminating reliance on external suppliers, enhancing supply chain flexibility, and improving control over product quality. The financial impact of the acquired assets is expected to begin materializing in the second quarter of 2027.

Original announcement:

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