Al Kuzama gets GAC’s no objection to acquire 30% of beverages entity

14/01/2026 Argaam- Nomu
Al Kuzama Trading on the verge of acquiring 30% stake in TwentyFour Cafe Co.

Al Kuzama Trading on the verge of acquiring 30% stake in TwentyFour Cafe Co.

Al Kuzama Trading Co. obtained on Jan. 13 the General Authority for Competition’s (GAC) no objection on acquiring a 30% stake in TwentyFour Cafe Co. (Limited Liability Company) for SAR 39 million.

 

In a statement to Tadawul, the company said that it is currently in the process of completing the procedures for the transfer of ownership interests.

 

According to data available on Argaam, Al Kuzama announced earlier this this week acquiring a 30% stake in TwentyFour Cafe Co. for SAR 39 million.

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