Founded in 1971, Masdar is the leading building & construction materials company in Saudi Arabia, specializes in the distribution of all kinds of Steel, Timber, Insulation, Plumbing, Electrical, Tools, Hardware, Chemicals & Fasteners, to support the construction needs in the Kingdom. With a vast network of 105 Outlets, supported by advanced Logistics & Professional support.
To become the destination for all building and construction materials requirements in Saudi Arabia.
To provide customers with the largest range of building & construction materials in Saudi Arabia at the right value.
The year was 1970, Abdulkadir AbdulMohsen Al-Muhaidib & his eldest son AbdulHameed commenced on trading imported metals & cement from King Abdulaziz Seaport in Dammam to various shops in the vicinity, 1 year later AbdulHameed moved to Riyadh and established the first physical branch. This was the beginning of Al-Muhaidib Building Materials Company (Masdar).
The newly formed company started to expand by opening new locations within the Kingdom and adding new line items. In 1981, a new company was established under the name of Al-Muhaidib Hardware Co. specializes in importing and distributing tools, handles & door hardware. In 1989 a professional architectural hardware department was founded to cater for large projects.
In 2003, the group ventured into fasteners trading, fabrication, and distribution by acquiring 2 fabrication units & 2 trading entities, creating Al Muhaidib Technical Supplies Co. to unify & manage them. The new company added capabilities to service and plate fasteners for the oil & gas industry.
In 2014, AK Al-Muhaidib & Sons holding the 3 companies to form “Masdar” Building Materials CJSC with paid-up capital of SAR 400 Mil. In 2017, Masdar opened its first builder’s merchant mega branch to fulfil the vision of a 1 stop shop for all building material requirements.
To align with Vision 2030, Masdar decided to establish Masdar Service Industries to provide our customers with value-added fabrication and customization. Today, Masdar operates 4 fabrication units in the Kingdom to produce value-added Fasteners, Cold & Hot Rolled Flat Metal Products, long Steel Products & Wooden Panel Customization.
In 2024, Masdar achieved one of the most significant milestones.
As part of its mission to advance the building and construction materials sector in the Kingdom, Masdar entered into a strategic partnership with the Public Investment Fund (PIF).
Through this partnership, PIF acquired a 30% stake in Masdar by subscribing to newly issued shares through a capital increase. This step aligns with PIF’s overarching investment strategy and supports the ambitions of Saudi Vision 2030.
This landmark achievement reinforces Masdar’s leadership, accelerates its growth trajectory, and empowers the company to contribute even more significantly to the Kingdom’s economic transformation.
Masdar proudly embarks on this new chapter with PIF, moving together toward new horizons of innovation, scale, and national impact.
In 2025, Masdar completed a full acquisition of Hatcon, a leading provider of industrial and architectural services. This strategic move reflects Masdar’s ambitious vision for the Saudi market and the future of the industrial services sector. By integrating Hatcon’s expertise under one umbrella, Masdar strengthens its ability to deliver comprehensive and innovative solutions to its clients, contributing to the realization of Saudi Vision 2030.
Today, Masdar leads the building materials sector in Saudi Arabia by operating 105 branches in 29 Cities with more than 80,000 SKUs of long & flat steel, sawn timber, wooden sheets, decoratives, plumbing, electricals, adhesives, chemicals, tools, door hardware, insulations, fasteners, smart access control, system integration & industrial solutions.
In 2024, Masdar achieved one of the most significant milestones.
As part of its mission to advance the building and construction materials sector in the Kingdom, Masdar entered into a strategic partnership with the Public Investment Fund (PIF).
Through this partnership, PIF acquired a 30% stake in Masdar by subscribing to newly issued shares through a capital increase. This step aligns with PIF’s overarching investment strategy and supports the ambitions of Saudi Vision 2030.
This landmark achievement reinforces Masdar’s leadership, accelerates its growth trajectory, and empowers the company to contribute even more significantly to the Kingdom’s economic transformation.
Masdar proudly embarks on this new chapter with PIF, moving together toward new horizons of innovation, scale, and national impact.
In 2025, Masdar completed a full acquisition of Hatcon, a leading provider of industrial and architectural services. This strategic move reflects Masdar’s ambitious vision for the Saudi market and the future of the industrial services sector. By integrating Hatcon’s expertise under one umbrella, Masdar strengthens its ability to deliver comprehensive and innovative solutions to its clients, contributing to the realization of Saudi Vision 2030.
Today, Masdar leads the building materials sector in Saudi Arabia by operating 105 branches in 29 Cities with more than 80,000 SKUs of long & flat steel, sawn timber, wooden sheets, decoratives, plumbing, electricals, adhesives, chemicals, tools, door hardware, insulations, fasteners, smart access control, system integration & industrial solutions.
We provide largest range of building & construction materials with high quality products with a large network of 105 branches all over Saudi Arabia, Masdar is always close-by and ready to serve you.
support the construction needs in the Kingdom. With a vast network of 105 Outlets, supported by advanced Logistics & Professional support.
support the construction needs in the Kingdom. With a vast network of 105 Outlets, supported by advanced Logistics & Professional support.
support the construction needs in the Kingdom. With a vast network of 105 Outlets, supported by advanced Logistics & Professional support.
