Savola , Saudi Arabia's largest food products company, said on Wednesday it plans to distribute its entire 34.52% stake in regional dairy firm Almarai to its eligible shareholders. Saudi Arabia's ...
Almarai is one of the world’s largest vertically integrated dairy companies and one of the region’s largest food and beverage manufacturing and distribution companies. The company operates in Saudi ...
to increase Almarai’s shareholding from 52% to 100% for $68 million. In November 2022, the company announced an investment of $1.2 billion in Saudi Arabia to expand poultry production. Saudi Arabia is ...