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The company produces long-life milk, milk derivatives and juices.
Overview
The firm was established in 1976 in Jeddah as a limited liability company under the name “Danish Saudi Dairy Co.”, through a partnership between Saudi and Kuwaiti businessmen with Inch Turnkey Diaries. The company commenced commercial operations in 1977. In 1990, Gulf Danish Dairy Co. and Medina Danish Dairy Co. were merged into the company to form a new firm under the name “Saudia Dairy and Foodstuff Co. (SADAFCO)”. In 2000, it was converted into a Saudi joint-stock company.
Th company’s core activities include producing, importing, distributing and marketing of a wide range of food products in Saudi Arabia, Middle East, directly and through its subsidiaries.
It operates via two key business segment. The milk derivatives segment includes the production of milk drinks and juices. The food products segment includes the production of ice cream, tomato paste, cheeses and snacks. The firm carries out its activities through its brands “Saudia”, “Crispy”, “Baboo”, “Majestique”, “Sensations”, “More” and “UFO”.
Basic Information
City: | Jeddah |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1976 |
Commercial Register: | 4030009917 |
Website: | www.sadafco.com |
ahmed.gharbawi@sadafco.com | |
Phone | +966 12 6293366 |
Fax | +966 12 6293380 |
Address | 1 Ibrahim Hammad Al Malki Street - Palm neighborhood - Jeddah 21422 |
PO Box | 5043 |
Argaam Classification
Industry Peers
National Agricultural Development Co. |
Almarai Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 18.93 |
Free Float % : | 58.24 |
Weight in Index % : | 0.28 |
3M Average Volume : | 36,059 |
3M Average Transactions : | 1,315 |
Change(12M) % : | 21.77 |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Kuwait Projects Holding - KIPCO | 13.04 | 40.11 % |
Al Samh Trading Company Ltd. | 3.80 | 11.68 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
SIDAFCO POLAND SPZ | Poland | 100.00 % |
Sadafco Bahrain | Bahrain | 100.00 % |
Sadafco Jordan Foodstuff | Jordan | 100.00 % |
Sadafco Qatar | Qatar | 75.00 % |
Sadafco Kuwait | Kuwait | 49.00 % |