Almarai Company - Saudi Arabia

Almarai Co, the largest dairy company in Saudi Arabia by market value, operates dairy farms and processes food, in addition to marketing dairy products and fruit juices. The name Almarai means ‘green pastures’ in Arabic.

The firm began 2009 in bold fashion as it looks to consolidate its presence in the Kingdom and expand overseas. It announced in February it was entering into a joint venture with drinks giant PepsiCo to invest in dairy and juice processors in the Middle East, South East Asia and Africa. Known as International Dairy and Juice, the venture will be 52 percent owned by PepsiCo and 48 percent by Almarai.

A month later, Almarai announced it would invest $173m to build a baby-formula food plant. The company would start selling baby-food products within 18 months of the investment, it said in a statement.
More about the company
Address: Exit 7, North Circle Road, Al Izdihar District PO Box 8524 , Riyadh, SAUDI ARABIA

Almarai

Joint stock

1976

Public

966 1 4700005

966 1 4701555

info@almarai.com

www.almarai.com

Related articles

Saudi's Almarai, Pepsico to invest $345m in Egypt

Saudi's Almarai, Pepsico to invest $345m in Egypt

Sunday, 22 June 2014 11:54 AM

Venture between Gulf's biggest dairy firm and US soft drinks giant is over the next five years.

Almarai plans bonus issue to boost capital by 50%

Almarai plans bonus issue to boost capital by 50%

Wednesday, 29 May 2013 3:04 PM

Board also approves capital spending programme of 15.7bn riyals over the next five years

Saudi dairy firm Almarai sells $347m sukuk

Saudi dairy firm Almarai sells $347m sukuk

Monday, 1 April 2013 5:16 PM

The issue attracted orders worth SAR2.4bn from institutional investors

Saudi dairy firm Almarai to issue private sukuk

Saudi dairy firm Almarai to issue private sukuk

Monday, 5 November 2012 12:06 PM

First tranche of sukuk in March this year raised US$266.6m and was 4.7 times oversubscribed

Saudi Almarai Q3 profit up 4.7 pct, below forecasts

Saudi Almarai Q3 profit up 4.7 pct, below forecasts

Monday, 8 October 2012 11:24 AM

Saudi Arabia's biggest listed food company by market value said Q3 earnings were ($120 million

Saudi's Almarai buys Argentina farming firm in $83m deal

Saudi's Almarai buys Argentina farming firm in $83m deal

Wednesday, 21 December 2011 11:25 AM

Gulf's biggest dairy firm by market value aims to secure feed for its dairy herd, poultry businesses

Saudi's Almarai forced to reduce cost of milk and laban

Saudi's Almarai forced to reduce cost of milk and laban

Monday, 11 July 2011 3:11 PM

Diary producer to cut costs with immediate effect following warning from Saudi’s ministry of commerce and industry

Saudi slips, Almarai weighs on downbeat Q1

Saudi slips, Almarai weighs on downbeat Q1

Tuesday, 5 April 2011 5:30 PM

Most bluechips on Dubai's index marked losses with no gains in top nine stocks

Saudi Electric falls on dividend

Saudi Electric falls on dividend

Tuesday, 5 April 2011 1:34 PM

Index slips 0.03% to 6,604 points in third session losses; Gulf markets mixed in early trade

Saudi consumer firms to gain from welfare spend, AlembicHC says

Saudi consumer firms to gain from welfare spend, AlembicHC says

Monday, 4 April 2011 3:37 PM

Brokerage named Jarir Marketing Company as its top Saudi consumer pick

Saudi ministers ban dairy exports to help conserve water

Saudi ministers ban dairy exports to help conserve water

Tuesday, 2 February 2010 7:29 AM

Officials say water resource should be used for greater good of the kingdom.

Saudi dairy giant Almarai posts 13.5% rise in Q4 profit

Wednesday, 20 January 2010 10:42 AM

Higher sales helped boost profits, but the firm's actual results miss analysts' forecasts.

Saudi Almarai eyes 50% of Egypt dairy market by 2013

Tuesday, 17 November 2009 12:16 PM

Middle east's dairy giant to invest $18.3m to bring its buyout, Beyti's units to full capacity.

Saudi's Almarai Q3 profit rises 24%

Saudi's Almarai Q3 profit rises 24%

Saturday, 10 October 2009 10:27 AM

Gulf region's largest dairy company boosts profits despite slowdown in sales in third quarter of 2009.

Saudi watchdog okays Almarai's $253.2m bid for Hadco

Saturday, 12 September 2009 11:58 AM

Almarai-Hail Agricultural Development Co merger to be decided by shareholders.

Saudi Almarai, Hadco agree on takeover terms

Saudi Almarai, Hadco agree on takeover terms

Wednesday, 1 July 2009 9:12 PM

UPDATE 2: Deal provides Almarai entry into the lucrative Saudi poultry business.

Almarai sweetens offer for Hadco

Almarai sweetens offer for Hadco

Saturday, 9 May 2009 9:45 PM

UPDATE 1: Gulf's largest dairy firm ups share swap offer for agribusiness Hadco by almost 38%.

Saudi firms in $40m farm investments abroad

Sunday, 29 March 2009 2:27 PM

Consortium called Jenat to spend $18.67m to plant barley, wheat and livestock feed in Egypt.

ING advises now the time to buy shares

Sunday, 21 December 2008 11:02 PM

Advice is avoid real estate and go for firms with low debt and no capital-intensive projects.

SAP planning to lift Western’s efficiency

Monday, 24 November 2008 12:19 PM

Saudi Arabia’s Almarai Group has implemented SAP’s flagship enterprise resource planning application (ERP) at its companies Western Bakery and International Baking Services.


Related searches

Saudi Almarai Q3 profit up 4.7 pct, below forecasts

Monday, 8 October 2012 11:24 AM

Saudi Arabia's biggest listed food company by market value said Q3 earnings were ($120 million

Saudi Almarai makes $115m Egyptian buy

Saturday, 13 June 2009 3:29 PM

Saudi Arabia's largest dairy company by market value to buy Int'l Co for Agro-Industrial Projects.

SAP planning to lift Western’s efficiency

Monday, 24 November 2008 12:19 PM

Saudi Arabia’s Almarai Group has implemented SAP’s flagship enterprise resource planning application (ERP) at its companies Western Bakery and International Baking Services.

Officers »
Board of Directors Position
Sultan Bin Mohammed Bin Saud Al Kabeer Al Saud
Chairman
Abdulrahman Bin Abdulaziz Al Muhanna
Board Member
Mousa Omran Al Omran
Board Member
Mohammed Al Damer
Board Member
Nasser Al Muttawa
Board Member
   
Management Position
Abdulrahman Bin Abdulaziz Al Muhanna
Managing Director
Abdulrahman Al Fadley
Chief Executive Officer
Georges Schorderet
Chief Financial Officer
Hassam Abdulqader
General Manager - Marketing
Andrew Mackie
General Manager - Farming
   
Advisors Position
Mohamed Ahmed Tahir
Legal Counsel
View all
Major Shareholders
Name Country
Savola Group
Saudi Arabia
HH PrinceSultan Bin Mohammed Bin Saud Al Kabeer Al Saud
Saudi Arabia
Most Popular
This Week's Magazine »

Cover Story 9

Ravi to riches
Dr Ravi Pillai launched his first business at the age of 14, trading in coconuts so he could afford school books. Three decades later, his RP Group brings in revenue of $4bn and employs 80,000 staff, helping make him one of the world’s richest Indians. But in his first personal interview to date, he explains why a happy workforce and a good reputation are far more important than money. He also talks of the launch of his latest venture — RP Global — a real estate company that will build luxury projects in Dubai this year.

Also in this issue

Subscribe Now