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ACICO Industries Company KSCP
Al Hamra Tower, 34th Floor, sharq,
P.O. Box 24079
Phone: +965 22422100p:+965 22422100 KUWAIT CITY, 13101  Kuwait Ticker: ACICOACICO

Business Summary
ACICO Industries Company KSCP is a Kuwait-based company that operates in the construction materials and contracting sectors. The Company is engaged in the production of all types of aerated concrete and non-concrete and its construction requirements, as well as import and export of building materials. The Company is organized into three business segments: Industrial, Real Estates and hotels, and Contracting. It is the agent in the Middle East for manufacturing Hebel international products. The Company produces blocks, lintels, slabs, and reinforced structural components. The Company’s plants are located in the State of Kuwait, United Arab Emirates, Kingdom of Saudi Arabia and Qatar. As of April, 2013, the Company increased its stake into 99.5% in Aerated Concrete Industries Co. In April, 2014, its subsidiary, ACICO Construction, acquired 78%-stakes in Ideal Kuwait General Contracting LLC's share capital.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
6/30/202412/31/2023Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board MazenAl - Nahedh
Group Chief Executive Officer Fawaz MajedAl-bader
Deputy Chief Executive Officer, Vice Chairman of the Board Ahmad G.Al Khalid 1/1/2021 1/1/2021
9 additional Officers and Directors records available in full report.

Business Names
Business Name
ACICO
ACICO Industries Co KSCC
AERATED CONCRETE INDUSTRIES CO.

General Information
Number of Employees: 346 (As of 12/31/2017)
Outstanding Shares: 330,464,730 (As of 6/30/2024)
Stock Exchange: KUW
Fax Number: +965 22422103


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Thursday, October 10, 2024