Almarai
Riyadh-based food and beverage company founded in 1977 and listed on the Saudi Exchange since 2005. It reported 2025 revenue of SAR 22.1 billion and operates dairy, juice, bakery, poultry and bottled water businesses.
Industry: Dairy, juice, bakery and poultry | Location: Riyadh, Saudi Arabia | Founded: 1977
About Almarai
Almarai Company is a Saudi food and beverage manufacturer and distributor headquartered in Riyadh. It operates in dairy, juice, bakery and poultry, and has added seafood and bottled water. Its 2025 annual report describes it as the world's largest vertically integrated dairy company.
Almarai was founded in 1977 by Prince Sultan bin Mohammed bin Saud Al Kabeer. It became a joint stock company in August 2005 and is listed on the Saudi Exchange under the symbol 2280. Fawaz Aljasser became chief executive on 16 January 2026, after nearly two decades at the company, succeeding Abdullah Albader, who stepped down citing personal reasons, according to Just Food. Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer chairs the board, Sulaiman Almuhaidib is vice chairman, and Danko Maras has been chief financial officer since 2020.
Its brands include Almarai, L'usine, 7DAYS, Alyoum, Teeba and Beyti. At the end of 2025 Almarai reported eight dairy farms with more than 189,000 cows, seven poultry farms, 27 arable farms in the United States and Argentina and 129 sales depots. It says it employs more than 50,000 people and that all its manufacturing sites hold FSSC 22000 certification.
Almarai acquired Hail Agricultural Development Company in 2009 and formed the International Dairy and Juice joint venture with PepsiCo the same year. It bought Premier Foods in 2019, acquired Bakemart in the United Arab Emirates and Bahrain in 2021, and took full ownership of International Dairy and Juice in 2023 by buying the remaining 48 percent for SAR 255 million. On 31 July 2025 it acquired Pure Beverages Industry Company for SAR 1.04 billion, entering the Saudi bottled water market.
For 2025 Almarai reported revenue of SAR 22.1 billion, up 5 percent, and profit for the year of SAR 2.46 billion. At the end of 2025 Sultan Holding Group held 23.70 percent of the shares, the Saudi Agricultural and Livestock Investment Company 16.32 percent and Abdulqader Al Muhaidib and Sons 5.19 percent. In September 2025 it issued a USD 500 million sukuk.
Leadership
- Sulaiman Almuhaidib, Vice Chairman of the Board
- Fawaz Aljasser, Chief Executive Officer
- Danko Maras, Chief Financial Officer
- Chris Langhorne, Chief Strategy and Planning Officer
- Philippe Riffi, Executive Vice President, Water
- Georges Schorderet, Director; former Chief Executive Officer