Saudia Dairy and Foodstuff Co. explained

Traded As:	Tadawul 2270
Industry:	Agriculture
Genre:	Dairy
Key People:	Patrick Stillhart (CEO)
Products:	UHT milk, tomato paste, ice cream, cheese, instant milk powder, breakfast cream, fruit nectars, butter, and French fries

Saudia Dairy and Foodstuff Co. (SADAFCO) is a Saudi Arabia-based dairy company.

History

The company was established on April 21, 1976,^[1] and became publicly-traded in 2005.^[2] In 2018, SADAFCO acquired Polish dairy producer Mlekoma in order to grow its supply of milk-based products; the transaction was valued at SR120 million ($32 million).^[3]

On November 1, 2021, Patrick Stillhart replaced Waltherus Matthijs^[4] as CEO of the company after previously having held executive positions at both Cereal Partners Worldwide and Nestle.^[5] In 2023, the company expanded its business into Oman after landing a deal to sell and export its products there.^[6]

Operations

The company has three factories, two in Jeddah and one in Dammam.^[2]

Notes and References

1. News: July 18, 2016 . Tetra Pak, Sadafco celebrate 40 years of partnership. . . December 14, 2023.
2. Web site: Saudia Dairy & Foodstuff Company (SADAFCO) . . eyeofriyadh.com . Eye of Riyadh. October 5, 2023 .
3. News: . August 19, 2018 . SADAFCO acquires Polish dairy producer Mlekoma . . October 5, 2023.
4. Web site: Saudia Dairy and Foodstuff names new CEO . https://web.archive.org/web/20231005121605/http://tradearabia.com/touch/article/IND/388309 . 2023-10-05 . October 5, 2023 . tradearabia.com . .
5. News: . January 26, 2022 . Who’s Who: Patrick Stillhart, chief executive officer of Saudia Dairy and Foodstuff Co. . Arab News. October 5, 2023.
6. Web site: Saudi SADAFCO expands footprint in Oman with new deal . Mubasher. June 11, 2023 . zawya.com. . October 5, 2023 .