Valvitalia Group enters the Saudi market with a strategic joint venture with Saudi Arabian Financial Services

The agreement will lead to the creation of a Saudi company 55% owned by Valvitalia, dedicated to flow control solutions for energy and infrastructure. Valvitalia Group enters the Saudi market with a strategic joint venture with Saudi Arabia.
Valvitalia Group has signed a memorandum of understanding to establish a joint venture with Saudi Fal, one of the leading Saudi operators in the energy sector. This transaction represents a strategic step in the Group’s consolidation in the Saudi Arabian energy and infrastructure market, one of the most dynamic global regions.
The agreement, signed in the Saudi capital, Riyadh, by Luca Ruggeri, Chief Commercial Officer of Valvitalia, and Saud Al-Shammari, General Manager of Saudi Fal, in the presence of Damiano Cotula, General Manager of Valvitalia’s 3F Division, provides for the creation of a Saudi-registered company, 55% owned by Valvitalia and 45% by Saudi Fal. The new entity will develop manufacturing activities and offer after-sales services for engineered flow control solutions, connections, and integrated systems for the energy and infrastructure sectors, in line with the country’s industrialization and local content programs.
The joint venture will combine the technological and engineering expertise of the Valvitalia Group with the manufacturing capabilities and deep-rooted industrial presence of Saudi Fal. The Saudi company is part of the Fal Holding group, led by the Al-Athel family, which operates in various sectors, including finance, medicine, agriculture, real estate, and industry. With plants in Jubail and Yanbu, Saudi Fal manufactures and assembles automation and control systems for the region’s main industrial sectors, such as the chemical, petrochemical, oil & gas, energy, and water sectors, integrating local production, international quality standards, and advanced commissioning and technical support services.
The agreement will expand the Group’s industrial base and foster the development of new business opportunities through a production platform directly integrated into the Saudi ecosystem. Furthermore, the partnership will create the conditions for further strengthening Valvitalia’s presence in a strategic and high-potential market: as of November 30, 2025, business generated by Valvitalia in the Arabian Peninsula accounted for nearly 30% of the Group’s total order volume, with a value exceeding €60 million. Further details on the progress of the transaction will be communicated following the subsequent authorization and corporate approval phases.
Salvatore Ruggeri, President of Valvitalia, commented: “The establishment of the joint venture with Saudi FAL represents a significant step in our international development journey, in a region of the world that plays a central role in Valvitalia’s future growth. Entering the Saudi market with a stable and shared corporate presence alongside a top-tier industrial partner allows us to consolidate our current expansion phase, looking to the future with even greater confidence. At the same time, the agreement recognizes Valvitalia’s technology and expertise, enhancing high-quality Made in Italy production.”
Andrea Forzi, CEO of Valvitalia, stated: “This agreement marks the start of a high-value industrial collaboration, combining Valvitalia’s technological and engineering assets with Saudi Fal’s manufacturing strength and regional presence. Our expertise, developed in highly complex global contexts, will enable us to serve two pillars of the local economy—the energy and infrastructure sectors—even more promptly and effectively, offering integrated and highly reliable solutions. This new entity will allow us to accelerate our entry into strategic projects, expand our offerings, and operate more competitively, accelerating response times and ensuring operational proximity to our customers.”