ALMARAI COMPANY CAREERS 2022

ALMARAI COMPANY SAUDI ARABIA CAREERS||SAUDI ARABIA JOBS 2022||JOB OPENING IN ALMARAI COMPANY||JOB VACANCIES IN ALMARAI COMPANY||JOB OPPORTUNITIES IN ALMARAI COMPANY

ALMARAI COMPANY CAREERS 2022:-Almarai company, the largest dairy company in Saudi Arabia by market value hiring staff in 2022. It’s direct and free recruitment by the company. More details are given below.

Read More:-DUBAI GOVERNMENT MEDIA OFFICE CAREERS 2022

Job Summary

CompanyAlmarai Co
LocationSaudi Arabia
Job TypeGulf
Apply ModeOnline
Official Websitewww.almarai.com

About Almarai Company

Almarai Company is a Saudi multinational dairy company that is listed on the Tadawul stock exchange. It specializes in food and beverage manufacturing and distribution. The company’s main offices are located in Riyadh, Saudi Arabia.

Almarai started its operations in 1977 with Irish brothers Alastair McGuckian and Paddy McGuckian and Prince Sultan bin Mohammed bin Saud Al Kabeer. During the early years of the company’s history, there was little infrastructure for the production and sale of milk in the Kingdom of Saudi Arabia. Prince Sultan recognized that the area and the wider Middle East could benefit from higher quality milk production and logistics. Almarai then set up a number of facilities in regions across Saudi Arabia, which initially helped local farmers produce and distribute milk.

During the early 1990s, Almarai entered a period of restructuring and reinvestment that took it from a decentralized to a centralized structure. Five decentralized processing plants were replaced with a central processing plant. Ten small dairy farms that were scattered across Saudi Arabia were replaced with four large dairy farms in Al Kharj in the central region.

Almarai Head Office in Riyadh, Saudi Arabia

Savola owns a quarter of its shares and the rest has been on the market since 2006. In 2005, Almarai entered a new phase, transformed from a company with limited liability to a joint-stock company. The move was part of the company’s IPO, as they floated 30% of the company shares on the Saudi Arabian stock market, the Tadawul. All shareholders, including The Savola Group, diluted their shares for the IPO to take place. However exact figures were never revealed how the 30% of shares were divided.

In 2006, Almarai began to diversify its portfolio by pushing promotions on other dairy products, not just milk. It held a cheddar cheese product promotion throughout the Middle East to try and increase the number of households that bought the cheese on a regular basis. At the beginning of 2007, Almarai signed a memorandum of understanding with the authorized partners in Western Bakeries Company Limited, to acquire up to 100% ownership of these companies. And then raise the company’s capital to (1.090) million Saudi riyals. The current capital is SR 8 billion.

In 2009, Almarai and PepsiCo announced that they would be forming a joint venture, International Dairy and Juice Limited, known as IDJ. They then announced that they would be acquiring Egypt’s International Company for Agro-Industrial Projects (Beyti). The company specializes in dairy and juice products, including plain and flavored ultra-high-temperature (UHT) milk, flavored yogurt, cheese, and a variety of juices. The brand name was known throughout Egypt and continued to operate under its name as a subsidiary of the IDJ joint venture. During that year, Almarai also moved into the poultry market. This was following the acquisition of Hail Agricultural Development Co. The lucrative poultry business was purchased for $253.2 million in cash and stock to complete the takeover.

Almarai also moved into the Jordanian drinks market as part of the PepsiCo partnership. IDJ acquired a 75% stake in Teeba, a leading Jordanian dairy producer. This helped strengthen Almarai’s presence in the country’s dairy market, but also Pepsi used the acquisition to launch Tropicana orange juice drinks into the Jordanian market.

The expansion and growth of the dairy producer continued into 2010 when it was announced it planned on expanding its operations into Pakistan. The likelihood was that Almarai would invest in the country’s dairy market through the acquisition.

ALMARAI COMPANY CAREERS 2022

ALMARAI COMPANY CAREERS 2022

Vacancy

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Programmer(Corporate)View &Apply
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Team Leader-BMD-2 Plant(Manufacturing)View &Apply
Senior Training Specialist(Corporate)View &Apply

How To Apply

interested and eligible candidates can apply online by using the above application link.

Only shortlisted candidates will be contacted further by the recruitment team.

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