Quality Industrial Corp. to acquire Al Shola Al Modea Gas Distribution L.L.C

Quality Industrial Corp. has agreed to acquire Al Shola Al Modea Gas Distribution L.L.C in a strategic acquisition. The transaction, valued at ten million US dollars, represents the equity value of the target company. The consideration for this deal is structured entirely in cash. This move places the energy sector asset under the ownership of the US-based buyer. The target company is based in the United Arab Emirates, marking a cross-border expansion for Quality Industrial Corp. The deal was announced on 25 September 2026. Although the announcement date is later, the transaction was completed on 27 March 2024. The status of the deal is recorded as completed. No further regulatory approvals or conditions precedent are noted in the available data. The acquisition consolidates the buyer’s position in the energy market. The specific operational details of the target remain private. The financial terms reflect a straightforward cash purchase. The deal structure is simple and direct. There are no reported earn-outs or contingent payments. The completion date precedes the announcement date in the provided records. This chronological anomaly is noted as per the source data. The transaction is now final.