Cummins Arabia (CA)
Cummins Inc. (NYSE: CMI) and The Olayan Group announced the formation of Cummins Arabia, a 50:50, three-country distribution joint venture company in the Middle East. This joint venture consolidates the distribution of Cummins products in the United Arab Emirates (UAE), Saudi Arabia and Kuwait.
Those products are currently distributed by Cummins’ wholly-owned UAE distributor and Olayan-owned independent distributors General Contracting Company (GCC) in Saudi Arabia and General Transportation and Equipment (GTE) in Kuwait. These three countries represent some of the largest markets for Cummins in the Middle East and the partnership allows Cummins to greatly expand access to the Saudi and Kuwait markets, while also allowing Cummins to operate closer to its customer base.
At the same time, it will provide a valuable platform for the training and employment
of nationals in each country.