Saudia Dairy and Foodstuff Co.
Tadawul: 2270
ISINSA000A0EAXM3 Edit this on Wikidata
IndustryAgriculture
GenreDairy
FoundedApril 21, 1976 (April 21, 1976)
Key people
Patrick Stillhart (CEO)
ProductsUHT milk, tomato paste, ice cream, cheese, instant milk powder, breakfast cream, fruit nectars, butter, and French fries
Revenue634,742,000 Saudi riyal (2019) Edit this on Wikidata
Total assets1,915,742,000 Saudi riyal (2019) Edit this on Wikidata
Websitesadafco.com

Saudia Dairy and Foodstuff Co. (SADAFCO) is a Saudi Arabia-based dairy company.

History

The company was established on April 21, 1976,[1] and became publicly-traded in 2005.[2] In 2018, SADAFCO acquired Polish dairy producer Mlekoma in order to grow its supply of milk-based products; the transaction was valued at SR120 million ($32 million).[3]

On November 1, 2021, Patrick Stillhart replaced Waltherus Matthijs[4] as CEO of the company after previously having held executive positions at both Cereal Partners Worldwide and Nestle.[5] In 2023, the company expanded its business into Oman after landing a deal to sell and export its products there.[6]

Operations

The company has three factories, two in Jeddah and one in Dammam.[2]

References

  1. ↑ "Tetra Pak, Sadafco celebrate 40 years of partnership". Saudi Gazette. Jeddah. July 18, 2016. Retrieved December 14, 2023.
  2. 1 2 "Saudia Dairy & Foodstuff Company (SADAFCO)". eyeofriyadh.com. Eye of Riyadh. Retrieved October 5, 2023.
  3. ↑ "SADAFCO acquires Polish dairy producer Mlekoma". Arab News. August 19, 2018. Retrieved October 5, 2023.
  4. ↑ "Saudia Dairy and Foodstuff names new CEO". tradearabia.com. Trade Arabia. Retrieved October 5, 2023.
  5. ↑ "Who's Who: Patrick Stillhart, chief executive officer of Saudia Dairy and Foodstuff Co". Arab News. January 26, 2022. Retrieved October 5, 2023.
  6. ↑ Mubasher (June 11, 2023). "Saudi SADAFCO expands footprint in Oman with new deal". zawya.com. Zawya. Retrieved October 5, 2023.
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