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The company produces long-life milk, milk derivatives and juices.
Overview
The company was set up in Jeddah in 1976 as a joint venture between Saudi and Kuwaiti investors and Danish Turnkey Diaries Co.
It produces long-life dairy products, juices and ice cream in Saudi Arabia and around the Middle East under brands Vanilla, Crispy and Gardens.
It also owns three companies (under construction) in Saudi Arabia that will operate in the transport, real estate and investments.
Basic Information
| City: | Jeddah |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 1976 |
| 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
| Almarai Company |
Financials Highlights (M )
Company Size
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | March |
| Free Float (M) : | 18.93 |
| Free Float % : | 58.24 |
| Weight in Index % : | 0.29 |
| 3M Average Volume : | 47,014.76 |
| 3M Average Transactions : | 392.89 |
Major Shareholders
| Name | Number of Shares (M) | Holding |
|---|---|---|
| Qurain Petrochemical Industries Co. | 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 % |
Milestones
19-07-2016
The General Assembly approves the liquidation of inactive subsidiaries; National Sight Holding Co., National Buildings Real Estate Co., and United Gulfers Transport Co.
1990
A merger between Madina Danish Dairy Co. and Gulf Danish Diary Co. produced SADAFCO
1976
Company inception under the name: The Saudi Danish Diary Company Ltd, launched in partnership with Danish Turnkey Dairies Co.
1976
Started production of long-life milk in Jeddah factory