BRF Arabia Holding Finalizes Investment in Addoha Poultry

BRF Arabia Holding, a joint venture between BRF and Halal Products Development Company, has successfully concluded its acquisition of a 26% stake in Saudi Arabia’s Addoha Poultry Company.

The investment, originally announced in October 2024, solidifies BRF’s footprint in the Middle East and reinforces its commitment to food security in Saudi Arabia, a region where the Brazil-based company has operated for over 50 years. BRF Arabia Holding is 70% owned by BRF and 30% by Halal Products Development Company, a subsidiary of Saudi Arabia’s Public Investment Fund.

In a market notice published on January 14, BRF highlighted that this transaction bolsters its strategic role in the Middle Eastern food sector. The investment, valued at SAR316.2 million (US$84.3 million), includes SAR216.2 million directed toward Addoha Poultry, furthering the company’s operational capabilities in Saudi Arabia.

BRF, the world’s third-largest poultry producer and 14th-largest feed producer according to the WATTPoultry.com Top Companies Database, continues to enhance its portfolio in the region with its renowned brands, leveraging its expertise in food production and halal certification.

This partnership aligns with Saudi Arabia’s vision to strengthen food security and the poultry sector, marking a significant step in fostering collaboration between global and regional leaders in the food industry.

Source: wattagnet

Photo Credit: wattagnet