Under the alliance, the company plans to develop “state-of-the-art” facilities in Saudi Arabia, while NADEC will supply the JV and integrate red meat products into its distribution network.

Saudi-based National Agricultural Development Co (Nadec) said on Sunday it has completed procedures to obtain a 42,000-hectare farmland in Sudan.

Oracle Cloud tools help NADEC, one of the largest dairy producers in the Middle East, sync its manufacturing and distribution schedules with the delivery promises it makes to its customers.

Saudi Arabia’s National Agricultural Development Company (Nadec) has announced that it is abandoning plans to acquire local dairy peer Al Safi Danone (ASD). In March it seemed the deal was done ...

Under the deal, NADEC will buy all the shares in ASD, while Al Safi shareholders will own 38.8 per cent of NADEC. ... Saudi’s NADEC agrees to acquire dairy competitor.

Nadec, as the company is known, will fund the acquisition of privately held Al Safi Danone through a capital increase of 536 million riyals ($143 million), it said in a statement to the Saudi ...

Saudi-based National Agricultural Development Company’s (Nadec) board has recommended a capital increase through a rights issue worth 2 billion Saudi riyals ($533.24 million). The capital hike will ...

Saudi Arabia-based Al Safi Holding, a unit of Al Faisaliah Group, has sold its shares in Al Safi Danone Company (ASD), ... Saudi Arabia's Nadec Acquires Al Safi Danone. Press release.

Saudi Arabia's National Agricultural Development Co (NADEC) has agreed to buy Al Safi Danone Company (ASD) in a deal that will help boost its business in the dairy industry in the kingdom and ...

Saudi Arabia's Nadec Acquires Al Safi Danone. Press release. Published March 29th, 2018 - 12:58 GMT ...