NADEC Foods has increased its ownership in the \u201cAl Raie National Livestock\u201d project to 100% following its acquisition of Al Muhaidib Group\u2019s 49% stake, valued at approximately SAR 23.7 million based on book value. This move is considered more of an ownership restructuring than a conventional expansion.
\nFull ownership is expected to strengthen NADEC\u2019s control over governance and accelerate decision-making, particularly as the project is still in its pre-operational phase, where its actual value will materialize with the start of execution and operational integration.
\nThis step also aligns with the presence of the Saudi Agricultural and Livestock Investment Company (SALIC) as a strategic shareholder, in addition to the representation of the Minister of Environment, Water and Agriculture on the board, reflecting stronger alignment with Saudi Arabia\u2019s Vision 2030 food security objectives.
\nIt is worth noting that building projects from scratch remains the most complex and high-risk path, whereas expansion through acquisitions typically offers greater clarity, lower risk, and higher chances of success.<\/p>\n","protected":false},"excerpt":{"rendered":"
NADEC Foods has increased its ownership in the \u201cAl Raie National Livestock\u201d project to 100% following its acquisition of Al Muhaidib Group\u2019s 49% stake, valued at approximately SAR 23.7 million based on book value. This move is considered more of an ownership restructuring than a conventional expansion. Full ownership is expected to strengthen NADEC\u2019s control …<\/p>\n","protected":false},"author":3,"featured_media":2626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[681,559,1181],"class_list":["post-2621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bovine-ovine-magazine-en","tag-livestock-magazine","tag-nadec"],"yoast_head":"\n