On July 15, 2026, Service Equipment Company announced the signing of a supply agreement with Valvoline Arabia Lubricants Company, under which Service Equipment Company is appointed as a supplier of automotive maintenance equipment, including oil service equipment, tanks, pumps, hose reels, and related accessories, along with installation and commissioning services. The contract value is variable, contingent upon the volume and value of products supplied under purchase orders issued during the agreement's term. The agreement is effective from July 15, 2026, for an initial period of 12 months and will be automatically renewed thereafter. This agreement forms part of Service Equipment Company's strategy to strengthen its market presence, enhance its competitive capabilities, and expand its footprint within the Saudi Arabian market.

Original announcement:

Note: 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.