Logo ofNational Gas and Industrialization Holding Co. (GASCO)
National Gas and Industrialization Holding Co. (GASCO) said it completed today, June 24, the regulatory procedures related to the acquisition of a 50% stake in JACKO Gases. 
Accordingly, the company has become the owner of 50% of the share capital of JACKO Gases, according to a statement to Tadawul.
The financial impact of this transaction is expected to be reflected in GASCO’s financial statements starting from Q3 2026.
In March, GASCO signed an agreement with the owner of JACKO Gases to acquire a 50% stake in the limited liability company, following a 100% capital increase, Argaam data showed.
The agreement valued JACKO Gases at SAR 125 million on a pre-acquisition basis. The company’s activities include production, packaging, and distribution of industrial and medical gases, as well as associated logistics services.
Logo ofNational Gas and Industrialization Holding Co. (GASCO)
National Gas and Industrialization Holding Co. (GASCO) said it completed today, June 24, the regulatory procedures related to the acquisition of a 50% stake in JACKO Gases.
Accordingly, the company has become the owner of 50% of the share capital of JACKO Gases, according to a statement to Tadawul.
The financial impact of this transaction is expected to be reflected in GASCO’s financial statements starting from Q3 2026.
In March, GASCO signed an agreement with the owner of JACKO Gases to acquire a 50% stake in the limited liability company, following a 100% capital increase, Argaam data showed.
The agreement valued JACKO Gases at SAR 125 million on a pre-acquisition basis. The company’s activities include production, packaging, and distribution of industrial and medical gases, as well as associated logistics services.
