The joint venture, which will be headquartered in Saudi Arabia, will consolidate the distribution of Cummins products in the United Arab Emirates (UAE), Saudi Arabia and Kuwait.
These products are currently distributed by Cummins’ wholly-owned UAE distributor and Olayan-owned independent distributors – General Contracting Co (GCC) in Saudi Arabia and General Transportation and Equipment (GTE) in Kuwait.
The UAE, Saudi Arabia and Kuwait are some of Cummins’ largest markets in the Middle East.
“Cummins is pleased to partner with Olayan, which is a highly respected leader in the global distribution business,” said Tom Linebarger, chairman and CEO of Cummins Inc. “Olayan brings years of Middle East experience, and this partnership provides opportunities for our companies to grow and expand in this region while enhancing the service and support we provide to customers. Cummins will continue to look for new ways to build global partnerships that drive growth and success for our company, our partners, and our customers.”