Sadia Halal Deal closed at SAR 8 Billion with Plans for Listing on Tadawul

Halal Products Development Company (HPDC2), wholly owned by the Public Investment Fund, in partnership with MBRF, has announced the financial close of the  Sadia Halal deal, valued at approximately SAR 8 billion.

The deal encompasses the acquisition of an integrated operational platform comprising factories, distribution centers, and logistics assets across several Gulf states, in addition to export operations covering poultry, beef and processed food products to MENA markets.

Both companies affirmed that the launch of Sadia Halal  reflects an ambition to build a global entity rooted in the Kingdom, reinforcing its position as a leading hub for the halal food industry — with plans for future expansion and listing on Saudi Arabia’s main market “Tadawul”, and raising HPDC’s stake to up to 40% ahead of the IPO.