Raoom Trading Co. announced on April 22, 2026 the signing of a purchase agreement on April 21, 2026 to acquire two glass and aluminum manufacturing factories for SAR 15,800,000 from Alma Glass and Aluminum Manufacturing Company. The factories are located in Riyadh's Second Industrial City and the Eastern Province's First Industrial City, with the transaction including the assignment of lease contracts with the Saudi Authority for Industrial Cities and Technology Zones. The acquisition will be financed through the company's internal resources and existing banking facilities as part of expansion plans to enhance operational capabilities, increase production capacity, and diversify revenue sources. The transaction is subject to Modon's approval for the lease contract transfers and completion of all conditions in the purchase agreement.

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