SAL Completes Full Acquisition of Aviapartner Liège SA
SAL 4263.SA | 0.00 |
On August 2, 2026, SAL Saudi Logistics Services Co. announced the completion of its acquisition of 100% of the shares of Aviapartner Liège SA, with the transaction finalized on July 31, 2026. The shares were transferred to SAL's wholly owned subsidiary, SAL International Ground Handling B.V., based in Amsterdam, Netherlands, following the fulfilment of all conditions precedent and receipt of all required regulatory approvals. The initial payment was made from the Company's own funds, with no related party involvement. The acquisition reinforces SAL's strategic presence in one of Europe's key global air cargo hubs and is expected to diversify its revenue streams through an integrated air cargo services platform, with the financial impact set to appear in the Company's statements starting from the third quarter of 2026.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97149&anCat=1&cs=4263&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/23033_5026_2026-08-01_23-12-40_en.pdfNote: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.
Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.