Full Press Release

Nadec completed major investments in dairy and juice processing, filling and storage

In response to the growing demand on its brands in KSA and in the Middle East region

Riyadh, June 30th, 2012 – Nadec completed a +50 million SAR investment to expand its various milk, laban, juice production plants in Nadec City, Haradh. These investments will enable the company to increase its processing and filling capacities for the critical summer and Ramadan period as well as for the coming years. Nadec worked with reputable international suppliers such as SPX/APV, Serac and others to progress these projects to completion. At the same time, additional ambient and chilled storage capacities were built.

Patrick Satamian, Chief Executive Officer of Nadec Foods said: These investments will enable Nadec to respond more effectively to the growing demand on our products. On an average of 20% growth, with some categories reaching 30 to 40%, Nadec has become the fastest growing dairy food company in the region and it is critical to prepare the manufacturing and supply chain footprint to cope with this demand.

Nadec is also taking these measures in anticipation of future quality requirements which will be set by the company. The expansion activities will also allow the company to continue producing a wide range of food products in the future.
The plants located in Nadec City Haradh, currently employs over 500 staff. Over the next two years, this will rise to more than 600.
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