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Saudi Arabia tests narrow alcohol framework, sending early signals to global F&B firms
Saudi Arabia is cautiously easing its alcohol ban, a limited shift prompting global food, beverage and hospitality groups to reassess the kingdom’s consumer market.
Windoria acquires Saudi Arabian sauce manufacturer Al-Fursan
Windoria, the new combined entity following the merger of La Doria and Winland Foods, has acquired Saudi Arabian sauce and condiment manufacturer Al-Fursan.
Almarai signs agreement to acquire Pure Beverages in $277m deal
Saudi Arabian F&B group Almarai Company has signed an agreement to acquire water company Pure Beverages Industry Company in a deal valued at SAR 1.04 bn (approx. $277m).