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Obeikan Investment Group achieves three prizes in the King Abdulaziz Quality Award “KAQA” for the second time

Obeikan Investment Group achieves three prizes in the King Abdulaziz Quality Award “KAQA” for the second time

In an unprecedented success, Obeikan Investment Group “OIG” was crowned through three of its companies, winning the most prestigious quality award in the kingdom “King Abdulaziz Quality Award – KAQA” in its fifth round and for the second year in a row, and by this achievement, OIG now has six of its companies awarded the “KAQA”.

OIG was keen to continue its successful journey this year by winning the “KAQA” in three different categories, starting with “Obeikan Glass Company” – winner of the silver award in the category of large production enterprises, “Obeikan Commercial Printing” – winner of the bronze award in the category of medium production enterprises, and finally “Obeikan Graphic Center” – winner of the bronze award in the category of small production enterprises.

And preceded them in the fourth round of “KAQA”, “Obeikan SIG Combibloc” – winner of the golden award in the category of large production enterprises, “Obeikan Rigid Plastic” – winner of the silver award in the category of medium production enterprises, and “Obeikan Folding Cartoons” – winner of the bronze award in the category of medium production enterprises.

“Obeikan Investment Group is proud to attain this huge success, thanks to our people” Said The Chief Executive Officer of the group Eng. Abdullah Obeikan. And added; “We have been and will always keep striving for excellence and prosperity in OIG for our partners, customers, and the Kingdom of Saudi Arabia”.

OIG takes its relationship with SIG to another level by reshaping from “regional to global”

OIG takes its relationship with SIG to another level by reshaping from “regional to global”

As part of its global expansion plans, and a strategy of diversification and scalability, Obeikan Investment Group “OIG” reached an agreement with its partner SIG Combibloc Group AG (SIG), for SIG to acquire full ownership of SIG Combibloc Obeikan Group (CBOB) after a remarkable joint venture partnership over the last nineteen years.

According to the agreement, Abdallah Obeikan, CEO – OIG, will be nominated for election to the board of directors of SIG, representing the Obeikan Family, also OIG will hold around 5% of the total shares in SIG, CEO – OIG, which makes Obeikan Investment Group the largest single shareholder within SIG globally. It is expected that this strategic move will help in rejuvenating Obeikan’s core packaging business, enabling Obeikan to continue as a key player in delivering integrated packaging solutions to MEA region, and with this global reach, accelerate the growing focus on digital business solutions. 

It is worth mentioning that SIG is one of the largest systems and solutions provider for aseptic packaging in the world. The company offers packaging solutions for food and beverages companies, as well as provides spare parts, maintenance, training, digital, and other related services globally.