Tuesday, 24 November 2009 | 13:21 UAE time
COMPANIES
Saudia Dairy and Foodstuff Company
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COMPANY DESCRIPTION
Saudia Dairy & Foodstuff Company was established in 1976.Production commenced in 1977 in Jeddah with a focus on dairy products. Various other acquisitions were put in place in following years. Since 1991, in addition to milk related products including ice cream, the company has expanded the product range with the introduction of tomato paste, cheese (through the joint venture with Saudi New Zealand Milk Products (SNZMP) Saudi Arabia, hommos and snacks (through the acquisition of Sara Snack Foods Factory in 1995).
In May 2005, SADAFCO went public and is listed on the Stock Exchange of Saudi Arabia. There are over 100,000 shareholders.
KEY INFORMATION
Industry
Beverages and Juices, Canned and Frozen Goods, Dairy Products, Snack Foods
Address
SADAFCO Building, Makkah Street, 5043, Jeddah, Saudi Arabia
T
966 2 6293366
F
966 2 6293380
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 1976 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| United Industries Company | companies | 40.13 | Kuwait |
| Global Investment House - Kuwait | companies | 8.9 | Kuwait |
PORTFOLIO
| Name | Country |
|---|---|
| Egyptian Dairy and Foodstuff Company | Egypt |
| Lebanon Fruit Juice Company | Lebanon |
| Sadafco Foodstuff Company | UAE |
| Sadafco Jordan Foodstuff Company | Jordan |
| Sadafco - Bahrain | Bahrain |
| Sadafco - Qatar | Qatar |
| Sara Snack Foods Factory | Saudi Arabia |
| Saudi New Zealand Milk Products Company | Saudi Arabia |
| Swiss Premium Foods Company | Egypt |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Hamad Sabah Al Ahmed Al Sabah | Chairman |
| Faick Hussein Mohammed Al Saleh | Vice Chairman |
| Faisal Hamad Mubarak Al Hamad Al Ayyar | Board Member |
| Essa Khalid Al Essa Al Saleh | Board Member |
| Abdullah Yacoub Bishara | Board Member |
| Souliman Saud Al Garallah | Board Member |
| Mussad Abdualh Al Nassa | Board Member |
| MANAGEMENT | Position |
| Waltros Mathews | Chief Executive Officer |
| Oday Deshpandi | Chief Financial Officer |
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LATEST FINANCIAL JOBS
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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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