Master Builders Solutions, a global leader in advanced chemical solutions for the construction industry has announced the definitive agreement to acquire Arkaz Al Sharq Building Materials (Arkaz) from Alturki Holding.
Arkaz is a well‑established Saudi Arabian construction chemicals company specialising in concrete admixtures, waterproofing and building products. The official signing took place Thursday January 8. The completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approval from the General Authority for Competition (GAC) and the Ministry of Foreign Investment in the Kingdom of Saudi Arabia. Financial details of the investment were not disclosed.
“Saudi Arabia’s construction sector presents one of the most promising growth landscapes in the world today,” said Boris Gorella, CEO of Master Builders Solutions. “By bringing Arkaz into the Master Builders Solutions group, we are positioning ourselves at the heart of future demand and laying the foundation for long‑term success in a market with immense strategic importance. Our strategic focus is driving innovation and customer value. The addition of Arkaz to the Master Builders Solutions group leverages our world-class innovation capabilities to accelerate growth and set new benchmarks for sustainable solutions across the region”
Key strategic drivers include access to Arkaz’s local expertise and established network, which strengthen Master Builders Solutions’ ability to serve customers across the Kingdom and provides a strategic hub for expansion into other markets across Middle East. The combination of Master Builders Solutions and Arkaz will enable the group to serve customers in the region with high-performance admixtures to tackle rising demand for advanced and sustainable building solutions, as well as complementary products to support the development of giga-projects, infrastructure, and residential developments under Vision 2030.
“Our investment in Arkaz reflects our confidence in both the company and the broader prospects of the Saudi construction market,” said Karsten Eller, COO of Master Builders Solutions. “This acquisition will strengthen our operational capabilities and deepen our commitment to fostering growth in one of the world’s most dynamic building environments.”
About Master Builders Solutions
Master Builders Solutions is a leading global manufacturer of concrete admixtures, underground construction products, and other innovative solutions for the construction industry. Driven by its vision - Inspiring people to build better - the company provides value-added technologies and market-leading R&D capabilities to enhance the performance of construction materials and reduce CO₂ emissions in concrete production. Founded in 1909, Master Builders Solutions employs ca. 1,900 people and operates 43 production sites worldwide. Master Builders Solutions is committed to supporting customers in overcoming today’s construction challenges – for a decarbonised future.
www.master-builders-solutions.com and www.linkedin.com/company/master-builders-solutions-/
About Arkaz
Arkaz is a leading Saudi supplier of construction chemicals, known for unique, innovative and cost‑effective Concrete Admixtures and Specialty Building Materials that meet the highest performance standards across Saudi Arabia’s most demanding sustainable development construction projects. Operating in the region for more than 15 years, Arkaz employs approx.. 115 people and operates two production sites in Dammam and Jeddah with local R&D laboratories and warehouses embedded in each facility.