Valvitalia signs MoU to form JV with Saudi FAL Co. Ltd

Valvitalia Group has signed a Memorandum of Understanding to establish a joint venture with Saudi FAL Co. Ltd, one of Saudi Arabia’s leading energy operators. The move represents a strategic step in the consolidation of the Group in the energy and infrastructure market of Saudi Arabia.

The agreement, signed in the Saudi capital Riyadh by Luca Ruggeri, Valvitalia’s Chief Commercial Officer, and Saud Al-Shammari, Saudi FAL’s General Manager, in the presence of Damiano Cotula, General Manager of Valvitalia’s 3F Division, provides for the creation of a Saudi company 55% owned by Valvitalia and 45% by Saudi FAL. The joint venture will develop production activities and offer after-sales services for engineered flow control solutions, fittings and integrated systems for the energy and infrastructure sectors, in line with Saudi Arabia’s industrialisation and local content programmes. It will combine Valvitalia Group’s technological and engineering expertise with Saudi FAL’s manufacturing capabilities and deep-rooted industrial presence.

Saudi FAL is part of the FAL Holding group, led by the Al-Athel family, which operates in finance, medicine, agriculture, real estate, and industry. With plants in Jubail and Yanbu, it manufactures and assembles automation and control systems for the region’s key industrial sectors, combining local production with international standards and technical support.

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