Aamal initiates talks to acquire stake in Hepworth PME Qatar
Doha
Aamal Company (Aamal), one of the region's leading diversified companies, announced that it has commenced negotiations to acquire a stake in or the entirety of Hepworth PME Qatar.It should be noted that the ownership of the target company is split between a related party and an unrelated party, and that the acquisition will be through one of Aamal Company's subsidiaries.
Established in 2003, Hepworth PME Qatar is a leading manufacturer and supplier of high-quality thermoplastic piping systems, serving Qatar's building and construction, civil engineering, and industrial sectors.
The company offers comprehensive piping solutions, including pipes, fittings, valves, pumps, measurement and control systems, and jointing equipment and accessories.
This potential acquisition aligns with Aamal's strategic objective to expand its industrial manufacturing segment, enhancing its product portfolio and market presence in line with Qatar's National Vision 2030.
Further disclosures will be made as negotiations progress and in accordance with regulatory requirements.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Qatar Tribune
3 days ago
- Qatar Tribune
Qatar Airways renewstie-up with Al Sadd SCas Official Jersey Partner
Tribune News Network DOHA Qatar Airways has announced the renewal of its long-standing partnership with Al Sadd Sports Club, one of Qatar's most iconic and celebrated football teams. The renewed agreement between the two entities reinforces the airline's commitment to advancing sports in Qatar, supporting homegrown talent, and contributing to the realisation of Qatar's National Vision 2030. Through this collaboration, Qatar Airways will champion the power of sports as a unifying force to inspire communities, connect people, and showcase Qatar's leadership on both local and regional stages. The airline has proudly supported Al Sadd SC since 2018 and plays an active role in enriching the sporting landscape by engaging with fans across Qatar and the Qatar Stars League. Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: 'We are delighted to renew our partnership with Al Sadd Sports Club, a team that holds a special place in the hearts of many in Qatar. Our renewed collaboration reflects our shared commitment to excellence, community, and nurturing the future generation of talent. Together, we continue to support Qatar's growing legacy as global sports hub.' Al Sadd Sports Club Chief Executive Officer, Turki Al-Ali, said: 'We express our great happiness in renewing the partnership with Qatar Airways. We take pride in the continuation of this partnership and look forward to achieving more successes and accomplishments together in the coming period.' This partnership marks another milestone in Qatar Airways' portfolio of high-profile global sports partnerships, including the likes of FIFA, UEFA Champions League and National Team Competitions, Formula 1, Paris-Saint Germain (PSG), FC Internazionale Milano, AFC, ,Tennis Legend – Novak Djokovic, The Royal Challengers Bangalore (RCB), MotoGP, the IRONMAN Triathlon Series, The Australian Wallabies, The United Rugby Championship (URC), French Rugby Team – Section Paloise, The Brooklyn Nets NBA Team, and multiple other disciplines including Australian football, equestrian, motor racing, padel, squash and tennis.
Qatar Tribune
5 days ago
- Qatar Tribune
HIA airport hotels achieve sustainability milestones
QNA Doha Hamad International Airport strengthens its commitment to environmental stewardship by announcing new sustainability milestones achieved by its two hotels located within the terminal - the Oryx Airport Hotel and the Oryx Garden Hotel, both managed by Dhiafatina Hotels. Aligned with Hamad International Airport's comprehensive and ongoing efforts to achieve 100 percent eco-friendly operations, both hotels have taken significant steps to reduce waste and improve resource management. These efforts include the recent implementation of a food composting system and a continued focus on minimizing plastic waste, underscoring their commitment to sustainable operations. The Oryx Airport Hotel has introduced an in-house food composting unit, which allows food waste generated on-site to be composted and reused as organic fertilizer for the airport's landscaped areas. This initiative forms part of a closed-loop sustainability cycle within the airport, where waste is transformed into a resource, helping to reduce reliance on synthetic fertilizers and contribute to greener, healthier airport grounds. This initiative complements Hamad International Airport's broader program, launched in 2022, of recycling organic compost from green waste generated during landscaping activities. In addition to the composting system, the Oryx Airport Hotel and the Oryx Garden Hotel have made significant progress in reducing plastic waste across their operations. Since introducing sustainable alternatives, the hotels have prevented the generation of approximately 8.2 tonnes of plastic from single-use water bottles, 3.3 tonnes from dental kits, and keycards. These reductions reflect a measurable environmental impact and reinforce the hotels' contribution to Hamad International Airport's broader sustainability goals. Vice President Operations at Dhiafatina Hotels Philippe Anric said: 'The efforts of the Oryx Airport Hotel reflect this commitment and contribute to Qatar's environmental goals under the National Vision 2030. By eliminating over 11 tonnes of plastic and implementing systems such as food composting, our hotels continue to support MATAR's ambition to lead in sustainable airport operations.' These initiatives reflect the airport's ongoing efforts to meet global environmental standards and contribute to Qatar's National Vision 2030.
Qatar Tribune
5 days ago
- Qatar Tribune
Hamad International Airport strengthens environmental protection, sustainability operations
Doha Hamad International Airport has strengthened its commitment to environmental stewardship by announcing new sustainability milestones achieved by its two hotels located within the terminal - the Oryx Airport Hotel and the Oryx Garden Hotel, both managed by Dhiafatina Hotels. Aligned with Hamad International Airport's comprehensive and ongoing efforts to achieve 100 percent eco-friendly operations, both hotels have taken significant steps to reduce waste and improve resource management. These efforts include the recent implementation of a food composting system and a continued focus on minimizing plastic waste, underscoring their commitment to sustainable operations. The Oryx Airport Hotel has introduced an in-house food composting unit, which allows food waste generated on-site to be composted and reused as organic fertilizer for the airport's landscaped areas. This initiative forms part of a closed-loop sustainability cycle within the airport, where waste is transformed into a resource, helping to reduce reliance on synthetic fertilizers and contribute to greener, healthier airport grounds. This initiative complements Hamad International Airport's broader program, launched in 2022, of recycling organic compost from green waste generated during landscaping activities. In addition to the composting system, the Oryx Airport Hotel and the Oryx Garden Hotel have made significant progress in reducing plastic waste across their operations. Since introducing sustainable alternatives, the hotels have prevented the generation of approximately 8.2 tonnes of plastic from single-use water bottles, 3.3 tonnes from dental kits, and keycards. These reductions reflect a measurable environmental impact and reinforce the hotels' contribution to Hamad International Airport's broader sustainability goals. Vice President Operations at Dhiafatina Hotels Philippe Anric said: "Hamad International Airport remains committed to embedding sustainability across every facet of our operations. The efforts of the Oryx Airport Hotel reflect this commitment and contribute to Qatar's environmental goals under the National Vision 2030. By eliminating over 11 tonnes of plastic and implementing systems such as food composting, our hotels continue to support MATAR's ambition to lead in sustainable airport operations." These initiatives reflect the airport's ongoing efforts to meet global environmental standards and contribute to Qatar's National Vision 2030. As one of the world's leading airports, Hamad International Airport continues to set benchmarks in sustainable aviation infrastructure and passenger experience, with a long-term vision to fully transition to eco-friendly operations.
