ZAWYA: Halal Products Development Company and MBRF announce financial closing of Sadia Halal transaction

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Riyadh: Halal Products Development Company (HPDC), a wholly owned subsidiary of the Public Investment Fund (PIF), and MBRF, a global multi-protein food company and one of the world’s largest producers of halal food, have announced the successful financial closing of the “Sadia Halal” transaction. This milestone marks a pivotal step in the development of one of the largest global multi-protein companies within the halal food sector, and one of the world’s largest halal food businesses.The “Sadia Halal” transaction is valued at approximately SAR 8 billion (around USD 2.07 billion) and includes the acquisition of an integrated operational platform comprising manufacturing facilities, distribution centers, and logistics assets owned by MBRF across Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, and the Sultanate of Oman. It also includes direct export operations of poultry, beef, and processed halal food products to markets across the Middle East and North Africa.The launch of “Sadia Halal” reflects a shared ambition to build a leading global halal food platform from Saudi Arabia, further strengthening the Kingdom’s position as a global hub for halal food production, innovation, and trade. This partnership also underscores Saudi Arabia’s attractiveness as a key destination for strategic investment and industrial expansion on an international scale.Marquinhos Molina, Chairman of Sadia Halal and CEO of MBRF in Saudi Arabia, said: “The completion of the financial closing of ‘Sadia Halal’ marks a significant milestone in our long-term commitment to Saudi Arabia and the region. In partnership with HPDC, we are building a company grounded in quality, scale, and trust, capable of serving multiple markets, strengthening supply chains, and contributing meaningfully to the Kingdom’s economic transformation journey.”Fahad bin Suliman Alnuhait, CEO of Halal Products Development Company (HPDC), said: “‘Sadia Halal’ reflects the strength of the halal food sector in Saudi Arabia and supports reinforcing the Kingdom’s position as a global hub serving local, regional, and international markets. Through the integration of industrial capabilities, market access, and a long-term vision, ‘Sadia Halal’ will contribute to strengthening and diversifying supply chains while further solidifying Saudi Arabia’s leadership in the global halal food industry.”“Sadia Halal” is well-p...

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