Filing and Packing Materials Manufacturing Co. — M&A Activity 2026

Jan 15, 2026

Filing and Packing Materials Manufacturing Co. Announces an update on its previous announcement regarding the signing of the binding share purchase agreement in relation to the acquisition of BINA Industrial Investment Holding Co.

2180 · 15/01/2026 08:01:10 · Announcement #92647 · View on Saudi Exchange

Filing and Packing Materials Manufacturing Co. Announces an update on its previous announcement regarding the signing of the binding share purchase agreement in relation to the acquisition of BINA Industrial Investment Holding Co.

Element List

Explanation

Introduction

Further to Filling & Packing Materials MFG. Co. (FIPCO) announcement published on the Saudi Exchange (Tadawul) website dated 04/07/1447H corresponding to 24/12/2025G in relation to the execution of a binding acquisition agreement with the shareholders of Bina Industrial Investment Holding Company (the target Company) for the purpose of acquiring 100% of the share capital of BINA in consideration for the issuance of new shares in FIPCO pursuant to a capital increase (the transaction), FIPCO is pleased to announce to its shareholders that the General Authority for Competition (GAC) has issued its non-objection certificate in respect of the Transaction pursuant to GAC Certificate No. 1754 dated 25/07/1447H corresponding to 14/01/2026G.

FIPCO clarifies that the completion of the Transaction remains subject to a number of remaining conditions, including obtaining the approval of the Capital Market Authority (CMA) in relation to the capital increase, the approval of the Saudi Exchange (Tadawul) for the listing of the new shares resulting from the capital increase, and the approval of the Extraordinary General Assembly of FIPCO, in addition to obtaining any other regulatory approvals necessary in accordance with the acquisition agreement. Previous Announcement FIPCO announcement regarding the signing of the binding share purchase agreement in relation to the acquisition of BINA Industrial Investment Holding Co. Date of Previous Announcement on Saudi Exchange’s Website 2025-12-24 Corresponding to 1447-07-04 Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here Latest Developments Of The Announced Event Issuance of a Non-Objection Certificate by the GAC in respect of completing the economic concentration resulting from the proposed acquisition transaction. Reasons For The Delay on The Date of The Event Previously Announced Not Applicable. The costs associated with the event, and if they have changed or not with indication of the reasons. Not Applicable. Delay consequences on the Company’s financial results Not Applicable. Additional Information FIPCO will continue to announce any material developments with respect to the progress of the Transaction in due course.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.