Doha: Al Mahhar Holding Company, a Qatari public shareholding company, announced the completion of the sale of its 49 percent stake in Al Mahhar Al Kuwaitiyya for Light and Heavy Equipment and Machines W.L.L. This decision follows the authority granted by the Extraordinary General Assembly held on December 17, 2025.

According to Qatar News Agency, Al Mahhar Holding stated in a release on the Qatar Stock Exchange website that this transaction is part of a broader strategy to restructure its operations in Kuwait. This restructuring involves consolidating its operational activities into Petrotec Kuwait, where the company will maintain its existing 49 percent stake.

Al Mahhar Al Kuwaitiyya, founded in 2019, specializes in providing repair and maintenance services for both light and heavy equipment. The company is also involved in operating metal workshops, automation work, and trading in construction and civil engineering equipment, as well as equipment for the oil and gas sector.