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Saudia Dairy and Foodstuff Co.
From Wikipedia, the free encyclopedia
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Saudia Dairy and Foodstuff Co. (SADAFCO) is a Saudi Arabia-based dairy company.
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History
![[icon]](#/media/File:Wiki_letter_w_cropped.svg){kind=small} | This section needs expansion. You can help by adding to it. (October 2023) |
Saudia Dairy and Foodstuff Company (SADAFCO) was established on 21 April 1976 and began production in 1977.[1] In 1990, three dairy companies merged to officially form SADAFCO.[2] The company launched an initial public offering (IPO) on 23 May 2005, leading to its listing on the Saudi Stock Exchange (Tadawul).[3]
In 2018, SADAFCO acquired a 76% stake in Poland’s Mlekoma for SAR 120 million to strengthen its supply of milk-based products.[4] In 2019, the company completed its Jeddah Central Warehouse, the largest in its network, with a capacity of 42,000 pallets and a total investment of SAR 145 million.[5]
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Operations
| This section needs expansion. You can help by adding to it. (October 2023) |
Operations
SADAFCO operates manufacturing facilities in Jeddah, Dammam, and Riyadh, with distribution centers across Saudi Arabia.[6] The company produces a wide range of dairy and food products, including milk, tomato paste, ice cream, and snacks under the Saudia brand.[7] In 2016, SADAFCO introduced a solar panels project to supply its Riyadh regional center with renewable energy.[8]
In 2023, SADAFCO was included in Fortune Arabia’s inaugural Fortune 500 Arabia list, ranking 183rd among the most successful Arab companies.[9]
References
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