Jadwa Investment Company and Al Zamil Company for Industry, Trade & Transport announced Monday the acquisition by Jadwa Building Materials Opportunity Fund of a stake in Al Zamil Company for Industry, Trade & Transport. Najib Al Zamil, Chairman of Al Zamil Company for Industry, Trade & Transport, said: "Choosing the appropriate partner who can serve the strategic objectives of our company and expand and institutionalize our investor base is a decision that requires careful consideration, especially for a family owned business like ours. We chose Jadwa Investment because we trust their expertise in the fields of finance, major investment, and corporate governance. We are optimistic about our future, and with Jadwa's support, we look forward to many more years of growth ahead". Ahmed Al Khateeb, Managing Director & CEO of Jadwa Investment, said: "Al Zamil has grown into one of the leading construction material firms over the past three decades.”
