Tasnee

Energy, Oil & Gas

Tahweel in deal with Tasnee to acquire Saudi industrial group for $186m

Tue, 03 Mar 2026

Saudi Holding Company for Conversion Industries (Tahweel Holding) has entered into a deal with leading petrochemical group Tasnee to acquire 100% of the share capital of its entity - Al Rowad Industrial Transformation Company (Target Company) for SAR700 million ($186.4 million).