Logo of Naqi Water Co.
Naqi Water Co. signed a contract worth about SAR 17.58 million (excluding VAT) for the purchase and installation of specialized machines for manufacturing bottled water caps at the company’s main plant, according to a statement to Tadawul today, July 5. 
The purpose of this move is to manufacture bottled water caps within the company’s facilities, thereby enhancing integration across its production process, eliminating reliance on external suppliers, and reducing costs, it added.
The transaction, which was executed with Italy’s SACMI Imola Società Cooperativa Meccanici, will be financed through the company’s internal resources, without the need for external financing, Naqi Water further stated.
Moreover, the company explained that the acquisition of the asset is part of its strategy to strengthen industrial integration and enhance its operational activities by manufacturing one of the key components of bottled water packaging within its own facilities instead of relying on external manufacturing.
This will contribute to improving operational efficiency, enhancing supply chain flexibility, and increasing control over product quality, Naqi Water added.
The transaction is expected to enhance operational integration and develop the company’s supply chain by internally providing part of its requirements for bottled water caps.
Furthermore, the financial impact of this asset is anticipated to begin during Q2 2027. There are no related parties involved in this transaction.
Logo of Naqi Water Co.
Naqi Water Co. signed a contract worth about SAR 17.58 million (excluding VAT) for the purchase and installation of specialized machines for manufacturing bottled water caps at the company’s main plant, according to a statement to Tadawul today, July 5.
The purpose of this move is to manufacture bottled water caps within the company’s facilities, thereby enhancing integration across its production process, eliminating reliance on external suppliers, and reducing costs, it added.
The transaction, which was executed with Italy’s SACMI Imola Società Cooperativa Meccanici, will be financed through the company’s internal resources, without the need for external financing, Naqi Water further stated.
Moreover, the company explained that the acquisition of the asset is part of its strategy to strengthen industrial integration and enhance its operational activities by manufacturing one of the key components of bottled water packaging within its own facilities instead of relying on external manufacturing.
This will contribute to improving operational efficiency, enhancing supply chain flexibility, and increasing control over product quality, Naqi Water added.
The transaction is expected to enhance operational integration and develop the company’s supply chain by internally providing part of its requirements for bottled water caps.
Furthermore, the financial impact of this asset is anticipated to begin during Q2 2027. There are no related parties involved in this transaction.
