Dutch OCI Global and Orascom Construction PLC have entered into an agreement to combine assets within the framework of a new infrastructure in Abu Dhabi (UAE). This is reported in the OCI press release.
As a result of the merger, which must be approved by shareholders at an extraordinary general meeting in January 2026, OCI will transfer assets to a new subsidiary in exchange for new shares and exit the Euronext Amsterdam listing. At the same time, OCI shareholders will receive 47% of shares in the combined company.
The cost of OCI's equity is $1.35 billion and Orascom Construction is $1.52 billion. The combined company will operate under the Orascom brand in three main business areas — Orascom Infrastructure, Orascom Construction and Orascom Capital.
The deal is aimed at strengthening Orascom's balance sheet capabilities and will allow it to invest more than $1 billion in scalable assets by the end of 2026 to develop infrastructure in the United States, the Middle East, Europe, Australia and emerging markets.
OCI is a Dutch manufacturer and distributor of nitrogen, methanol and hydrogen products within the framework of decarbonization of energy—intensive industries. The headquarters is located in Amsterdam (the Netherlands).
Orascom Construction PLC is a multinational contractor in the field of design and construction, specializing in the implementation of infrastructure, industrial and commercial projects. The headquarters is located in Dubai (UAE).
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