CATRION inks MoU to purchase 85 catering trucks

07/07/2024 Argaam

CATRION inks MoU to purchase 85 catering trucks

Logo of CATRION Catering Holding Co.

CATRION Catering Holding Co. signed on July 4 a memorandum of understanding (MoU) with Mallaghan Engineering Ltd. in Belfast, Northern Ireland, to purchase 85 catering trucks over four years (2024-2027).

 

This is part of CATRION's target growth strategy, aiming to strengthen and renew its fleet, according to a statement to Tadawul.

 

For more news on listed companies

 

The MoU further constitutes a crucial investment step aimed at strengthening CATRION's operational capacity and achieving its future objectives in the aviation sector in line with Vision 2030. The company seeks to expand its fleet to 205 trucks by 2027.

 

CATRION seeks to achieve the highest technical standards, and improve its services in line with the aspirations of its customers while boosting sustainability and reducing the environmental impact.

 

The MoU has no related parties, and it is difficult to determine the related financial impact at present, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read