A Fire damages Almarai Western Bakaries plants in Jeddah

12/10/2014 Argaam

Almarai announce to its shareholders that on the evening of Thursday 9th October 2014 a fire started at one of the Western Bakeries plants in Jeddah. Western Bakeries is a wholly owned subsidiary of Almarai.
There has been significant damage to that plant and the adjacent bakery plant on the same site was also impacted.

Almarai operates a total of 6 Bakery plants.
The Company said that there have been no injuries and it’s now working to fully assess the damage and implications.

The financial impact will be evaluated over the coming weeks after conducting the assessment. However, the company has adequate insurance in place and this will be fully taken into account in the evaluation; Al-Marai said in its filing to Tadawul today.
 

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