MEZZAN HOLDING ACQUIRES MAJORITY STAKE IN AL SAFI FOOD COMPANY, ANNOUNCES PLANS FOR NEW FOOD MANUFACTURING PLANTS IN KSA
Kuwait, Aug 24, 2016 — Mezzan Holding, one of the largest food, beverage, FMCG and pharma manufacturing and distribution companies in the Gulf, has completed its acquisition of 70% of KSA-based Al Safi Food Company today, effectively granting Mezzan Holding a local platform to manufacture and distribute food and beverage products in the Kingdom. Transaction…