CIS has entered a joint venture with AL ZAMIL Group to establish CIS Saudi Arabia, facilitating its expansion into the Saudi industrial services market.
Target Information
CIS, or Catering International & Services, is a leading provider of catering, hospitality, and facilities management services tailored for the oil, mining, gas, and construction industries, particularly in extreme environments. The company operates across 32 countries and manages 180 operational sites globally, employing over 12,000 individuals. Recently, CIS has entered into a joint venture to establish CIS Saudi Arabia, in collaboration with the AL ZAMIL Group, a prominent Saudi conglomerate with significant holdings in finance, energy, construction, and related sectors.
The joint venture will combine CIS's expertise with ZOMCO, a subsidiary of AL ZAMIL that specializes in industrial services and maintenance. The new company's headquarters will be situated in Al Khobar, located in the Arabian Gulf, positioning CIS strategically in the heart of Saudi Arabia's rapidly expanding markets.
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Industry Overview in Saudi Arabia
The industrial services sector in Saudi Arabia is vital to the country’s economic diversification efforts, particularly as it strives to reduce its dependence on oil revenues. The Saudi Vision 2030 initiative emphasizes the development of va
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