ALMARAI SAUDI ARABIA CAREERS

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ALMARAI SAUDI ARABIA CAREERS – 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:- RIXOS MARINA ABU DHABI CAREERS

JOB SUMMARY

COMPANY ALMARAI CO.
JOB TYPEGULF JOB
LOCATIONKSA
APPLY MODEONLINE
OFFICIAL WEBSITEwww.almarai.com

About Al Marai

Almarai Company (Arabic: شركة المراعي, lit. ‘The Pasture’) 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 and 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 capital of the company 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 SAUDI ARABIA CAREERS

ALMARAI SAUDI ARABIA CAREERS

Vacancy

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How To Apply

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

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

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