The board noted that while the flour business continues to play a significant role within the group, the timing is appropriate to assess whether alternative structures could unlock greater value.
Salalah Mills described the agreement as a key step in its long-term growth and diversification strategy.
The new emblem replaces the long-standing wheat sheaf with a stylized “M” designed to represent the entire cereals value chain.
The facility houses 15 silos, built in various configurations to meet the customers’ specific needs.
The two mills have combined daily milling capacity of 12,800 cwts, including 7,000 cwts at the Omaha North mill and 5,800 cwts at the York, Pennsylvania, US, mill.