Consolidated Grünenfelder Saady Holding Co. (Ticker: 4147 AB) is a Saudi Arabia-based company specializing in refrigerated transportation and customized containment solutions. Established in 1977 as a partnership between Swiss and Saudi founders, the firm manufactures and services refrigeration units designed for specific client needs. CGS lists on the Saudi Exchange (TASI) on December 9, 2025.

The company is offering 30.0 million shares at a price of SAR 10.00 per share. The IPO offer size is SAR 300 million (approximately USD 80.0 million). At this listing price, the company commands a market capitalization of SAR 1.0 billion (approximately USD 266 million). The offering reportedly consists entirely of secondary shares sold by existing shareholders, specifically Darat Esmat Bin Abdul-Samad Al Saady Holding Co. and GK Grünenfelder International AG, meaning the company will not receive proceeds from the sale. The offering was managed by AlJazira Capital and Arqaam Capital. Reports indicate the institutional tranche was oversubscribed 61.6 times.