Almarai boosts presence in Jordan with Hammoudeh Food Industries buy
Saudi Arabia's Almarai has acquired the food and beverage business of Jordanian conglomerate Hammoudeh for SR263m ($70.1m). Almarai, which operates…
Almarai
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Savola Group to hand off Almarai stake to shareholders
Saudi Arabia’s Savola Group is to distribute its stake in food manufacturer Almarai to some of its shareholders, following its…
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Savola Group ‘weighing up sale of Almarai stake’
Savola Group is reportedly considering selling its stake in Saudi Arabian peer Almarai Co. Citing unnamed sources, Bloomberg has reported…
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Signal: Almarai investment capitalises on Saudi bakery sector growth
The executive board of Almarai Company, one of Saudi Arabia’s largest food and beverages groups, has approved an investment of…
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Saudi Arabia dairy company Almarai takes 100% share in PepsiCo JV
Saudi Arabian dairy company Almarai has bought the remaining share of its joint venture with PepsiCo for SAR255m (US$68m). Almarai…
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Saudi Arabia’s Almarai to enter seafood category in food security move
Saudi Arabia food and beverage manufacturer Almarai is planning a move into the seafood category as a further measure to…
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Filings buzz: tracking cybersecurity mentions in food manufacturing
Mentions of cybersecurity within the public filings of food manufacturers dropped 51% between the first and second quarters of 2021.…
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Saudi Arabia’s Almarai to invest in poultry production
Riyadh-based Almarai plans to double its poultry processing capacity in its domestic market over three phases between now and 2026…
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Almarai enters deal to buy Bakemart operations in UAE, Bahrain
Saudi Arabia's Almarai has entered an agreement to acquire Bakemart's operations in the UAE and Bahrain, extending the food and…
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Saudi Arabia’s Almarai appoints new CEO
Almarai has promoted Abdullah Nasser Al Bader to chief executive of the Saudi Arabia-based food and beverages business following the…
