Baking & Snacks

The collaboration brings together Siemens’ Industrial AI expertise and comprehensive digital twin technology with NVIDIA’s AI and visualization expertise to set a new standard for the industry.

UNOX Group targets €400 Million (US$465.84M) revenue from the acquisition by 2026.

This deal underscores Saudi firms’ surge in cross-border M&A, with BinDawood joining peers like Savola in UAE expansions.

The move underscores the company’s ambition to expand its footprint beyond traditional categories and meet the rising demand for wholesome, protein-rich, and convenient snack options.

The deal strengthens Nexture’s portfolio in functional and innovative ingredients while expanding its footprint in Southern Europe.