Almarai’s 182 Million Riyal Acquisition of Etmam Logistics

Almarai Company announced the completion of the acquisition of Etmam Logistics Company, as the acquisition procedures were completed for a value of 182 million saudi riyals.

Almarai explained that “Etmam” is a logistics services company that provides storage and distribution services for frozen products.

Almarai added that this acquisition will allow Almarai to enhance its ability to serve its customers with a wide range of frozen products in Saudi Arabia and will support the acceleration of the development of catering services operations through a wider range of products, and drive growth in the company’s poultry sector, and will contribute to the expansion of the production of frozen products. Expanding to other categories in the future.