Almarai’s success story begins in 1977. HH Prince Sultan bin Mohammed bin Saudi Al Kabeer, the Chairman, recognized an opportunity to transform Saudi Arabia’s traditional dairy farming industry to meet the needs of a rapidly expanding domestic market. Starting with fresh milk and laban processing, the scale and scope of these initiatives soon expanded to incorporate modern dairy farms and state-of-the-art processing plants.
In 2010, we entered the baby sustenance advertise with the development of the locale’s first newborn child nourishment plant at Al Kharj, to be charged in 2012. Perceiving that the most ideal path forward includes working with recognized specialists in this field, we framed the International Pediatric Nutrition Company (IPNC), a 50-50 joint wander with Mead Johnson Nutrition. Its newborn child nourishment items will be co-marked under Almarai and Mead Johnson’s lead extend, Enfa. We keep on investing seriously in mechanically propelled generation offices while selecting high-gauge individuals with the aptitudes and experience to enhance their execution.
Amid the mid 1990s, Almarai entered a time of rebuilding and reinvestment that took it from a decentralized structure to a brought together structure. The point: to set up ourselves as an ease maker with the goal that our customers can appreciate great items at a reasonable cost.In accordance with this model, we supplanted five decentralized preparing plants with our first focal handling plant. We likewise supplanted ten little decentralized dairy ranches with four extensive dairy cultivates in Al Kharj in the focal district.In late 2005, we dispatched a moment, bigger focal handling plant, fusing another cheddar plant. We additionally appointed two new super-ranches. Around the same time, we moved from being an exclusive organization to an openly recorded organization and now have around 70,000 investors. Toward the finish of 2011, our market capitalization surpassed SAR23 billion.
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