Announced

Completed

PIF-backed Alat completed the $2bn investment in Lenovo.

Synopsis

PIF-backed Alat, a company focused on transformative technology investment and sustainable manufacturing, completed the $2bn investment in Lenovo, a global technology powerhouse. “We are incredibly proud to become a strategic investor in Lenovo and partner with them on their continued journey as a leading global technology company. With the establishment of a regional headquarters in Riyadh and a world class manufacturing hub, powered by clean energy, in the Kingdom of Saudi Arabia, we expect the Lenovo team to further their potential across the MEA region,” Amit Midha, Alat CEO.

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