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Riyadh, May 4, 2026:<\/strong> 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\u2019s largest producers of halal food, have announced the successful financial closing of the \u201cSadia Halal\u201d 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\u2019s largest halal food businesses.<\/p>\n The \u201cSadia Halal\u201d 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.<\/p>\n The launch of \u201cSadia Halal\u201d reflects a shared ambition to build a leading global halal food platform from Saudi Arabia, further strengthening the Kingdom\u2019s position as a global hub for halal food production, innovation, and trade. This partnership also underscores Saudi Arabia\u2019s attractiveness as a key destination for strategic investment and industrial expansion on an international scale.<\/p>\n Marquinhos Molina, Chairman of Sadia Halal and CEO of MBRF in Saudi Arabia, said:<\/strong> \u201cThe completion of the financial closing of \u2018Sadia Halal\u2019 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\u2019s economic transformation journey.\u201d<\/p>\n Fahad bin Suliman Alnuhait, CEO of Halal Products Development Company (HPDC), said:<\/strong> \u201c\u2018Sadia Halal\u2019 reflects the strength of the halal food sector in Saudi Arabia and supports reinforcing the Kingdom\u2019s position as a global hub serving local, regional, and international markets. Through the integration of industrial capabilities, market access, and a long-term vision, \u2018Sadia Halal\u2019 will contribute to strengthening and diversifying supply chains while further solidifying Saudi Arabia\u2019s leadership in the global halal food industry.\u201d<\/p>\n \u201cSadia Halal\u201d is well-positioned to unlock new growth opportunities and expand across multiple markets, leveraging MBRF\u2019s deep international expertise, its extensive portfolio of trusted brands, and its established operational footprint, alongside HPDC\u2019s strategic vision and targeted investments to develop the halal ecosystem across the Kingdom, the region, and globally.<\/p>\n As part of the transaction, HPDC confirmed its commitment to holding a stake of no less than 20% in \u201cSadia Halal,\u201d compared to 10% previously, with the option to increase this stake to up to 40% ahead of the anticipated initial public offering (IPO). \u201cSadia Halal\u201d has already initiated the necessary steps and procedures for a potential listing on the Saudi main market, \u201cTadawul\u201d.<\/p>\n This announcement comes at a time when global demand for halal food products is experiencing rapid growth, in parallel with Saudi Arabia\u2019s accelerating efforts to establish itself as a leading global hub for the halal industry. Through strategic partnerships such as \u201cSadia Halal,\u201d the Kingdom continues to support the sustainability of the sector\u2019s industrial ecosystem, enhancing its global competitiveness, and driving the growth of non-oil exports.<\/p>\n","protected":false},"excerpt":{"rendered":" Riyadh, May 4, 2026: 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\u2019s largest producers of halal food, have announced the successful financial closing of the \u201cSadia Halal\u201d transaction. This milestone marks a pivotal step in the …<\/p>\n","protected":false},"author":2,"featured_media":130540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-130542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"\n