Samatha Schewe
11:20
Logo ofAlmarai Co. Almarai Co.’s subsidiary Teeba Investment for Developed Food Processing signed an agreement to acquire 100% of Jordan’s Hammoudeh Food Industries for SAR 263 million, subject to certain adjustments, according to a statement to Tadawul. This acquisition strengthens Almarai’s position in Jordan and aligns with the company’s broader growth strategy announced earlier
Argaam EN
Logo ofAlmarai Co.
Almarai Co.’s subsidiary Teeba Investment for Developed Food Processing signed an agreement to acquire 100% of Jordan’s Hammoudeh Food Industries for SAR 263 million, subject to certain adjustments, according to a statement to Tadawul.
This acquisition strengthens Almarai’s position in Jordan and aligns with the company’s broader growth strategy announced earlier this year to maintain sustainable growth in core markets…
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