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Al Mahhar Holding Evaluates Two Potential Acquisition Opportunities

Doha, May 05 (QNA) – Al Mahhar Holding Company Q.P.S.C. announced that it is evaluating two potential acquisition opportunities as part of its strategic growth agenda.

In a statement published on the Qatar Stock Exchange (QSE) website, the company revealed that the first potential acquisition involves the remaining 49% stake in European Equipment Company W.L.L., which is indirectly held through a subsidiary. The second opportunity concerns a potential majority stake in a Qatar-based company operating in industrial automation.

Both opportunities are under initial review. No binding agreements have been entered into, and no final decisions have been made, the company noted. (QNA)

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