DSD Steel Construction AG and FMC Ferrometalco Steel Construction have acquired 51% of Al Kaabi Steel, Dammam, KSA. This acquisition aligns with Ferrometalco’s growth strategy to expand geographically in Saudi Arabia and the GCC region.

DSD Steel Construction AG and FMC Ferrometalco Steel Construction are pleased to announce that they have concluded the acquisition of 51 % of AI-Kaabi Steel for manufacturing & coating of steelworks in Dammam, KSA. FMC Ferrometalco, which has been in business for 44 years and has a long-standing reputation, will transfer the highest quality, reliability, and exceptional customer service to AI-Kaabi Steel. This acquisition aligns with Ferrometalco ‘s growth strategic plan to expand its wide reach geographically in Saudi Arabia, one of the most attractive business hubs, and leverage its expertise and reputation in the GCC region and beyond.