Tabreed Considers Acquisition: Market Speculation Arises
National Central Cooling Co., known as Tabreed, addresses media speculation about a potential acquisition opportunity.

Summary
Tabreed, a leading district cooling company in the UAE, responds to media speculation about a potential acquisition. The company emphasizes its commitment to transparency and will announce any decisions officially.
National Central Cooling Co., widely known as Tabreed, has recently found itself at the center of media attention following a Reuters report suggesting that the company is considering a potential acquisition. In a statement released on March 27, 2025, Tabreed addressed these speculations, emphasizing its unwavering commitment to transparency and adherence to disclosure rules and regulations.
Tabreed, a prominent player in the district cooling industry across the GCC, has built a reputation for delivering energy-efficient and environmentally-friendly cooling solutions. The company operates 83 plants across the region, providing over a million Refrigeration Tons (RT) to various sectors, including government, commercial, and residential projects.
The recent news has sparked interest among investors and market analysts, as acquisitions can significantly impact a company's growth trajectory and market position. However, Tabreed has clarified that while it is exploring opportunities, it will not engage with media speculation and will only announce any developments through official channels as per regulatory requirements.
For investors, the potential acquisition could signal Tabreed's strategic intent to expand its footprint and enhance its service offerings. The district cooling market is poised for growth, driven by increasing urbanization and the need for sustainable energy solutions. However, until further details are disclosed, it is prudent for investors to adopt a 'hold' strategy.
Tabreed's commitment to transparency and regulatory compliance is reassuring, but the lack of concrete information on the acquisition makes it challenging to predict the immediate impact on the company's financials. Investors should closely monitor official announcements from Tabreed and assess how any potential acquisition aligns with the company's long-term strategy.
In conclusion, while the news of a potential acquisition presents an exciting opportunity for Tabreed, the company has urged stakeholders to refrain from acting on speculation. Investors are advised to hold their positions and await further updates from the company.
Source
Summary
Sean Magee, Board Secretary, addressed a letter dated March 27, 2025, to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and H.E. Hamed Ahmad Ali, CEO of the Dubai Financial Market. The letter clarifies news reported by Reuters about Tabreed's potential acquisition consideration. Magee emphasized Tabreed's commitment to disclosure and transparency rules, assuring that any transactions will be officially announced as per regulations. Until then, Tabreed will not comment on media speculation. For further information, recipients are encouraged to contact the company.