ArabianBusiness.com - Middle East Business News
Wednesday, 10 February 2010 01:03 UAE time

YOUR DIRECTORY /

 
Print Print | Email Email | Discuss this article (0 Comments)
| Share |

Al Islami clinches deal with UK giant

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 26 September 2007

Halal food producer Al Islami Foods has set up its European hub, after signing a strategic joint venture with UK-based foodservice distributor 3663 First for Foodservice.

The deal will incorporate catering to clients in Britain, Germany, Belgium, the Netherlands, and Luxembourg.

The company has established its processing unit - set to produce up to 600 tonnes of fresh and frozen meat monthly - in Manchester, scheduled to start production in November this year.

Story continues below
advertisement

Sales of US $80 million in 2008 have been predicted, and AED2.2 billion (US $600 million) in the next five years. The move has targeted Muslim communities in Europe, in a bid to create the company's ‘Real Halal' benchmark.

The company aims to tap the potential in Europe's Halal market, currently estimated to be worth AED58.76 (US $16 billion).

Saleh Abdullah Lootah, CEO of Al Islami Foods said Halal had become a global phenomenon, with unprecedented demand witnessed for products. He added the company adheres to social responsibility standards, and intends to provide ‘Real Halal' food to people of all religions worldwide.

The venture is likely to present a major expansion vehicle for Al Islami Foods, with 3663 First for Foodservice recording annual sales of AED7.36 billion (US $2 billion). The company delivers ingredients, finished products and equipment to the food industry from its 1.84 million ft² at 40 depots across the UK.

The British company has a 6800-strong workforce, a fleet of 1100 vehicles and 50,000 customers in the UK.

Print Print | Email Email | Discuss this article
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

From  Current Issue

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Al Islami Foods

  2. Retail


Tell us your story

Best of 2009 - Special Report

Think Tank

READER COMMENTS

  1. Gulf carriers ‘generation behind’ Cathay on service 11
    09 Feb ' 10 at 11:55
    I was based in Bahrain and then Dubai for many years, and flew many times on many airlines operating between the Gulf states and Asia,...   More  »
  2. Emaar continues Burj Khalifa maintenance work 06
    09 Feb ' 10 at 13:27
    Burj Khalifa is an architectural wonder and deserves accolades only. Trivial issues are being magnified by the media to tarnish Burj...   More  »
  3. UAE launches workers' rights booklet 05
    09 Feb ' 10 at 13:58
    The 'legitimate residency' does open up an issue where workers have been effectively dumped after a contract and not flown home as...   More  »

Read all user comments >

MORE FROM ARABIANBUSINESS.COM