Salalah Mills described the agreement as a key step in its long-term growth and diversification strategy.
This deal underscores Saudi firms’ surge in cross-border M&A, with BinDawood joining peers like Savola in UAE expansions.
The agreement represents a significant milestone in Kerry’s continued growth across the Middle East and underscores the company’s commitment to driving food and beverage innovation in one of the world’s most dynamic markets.
The deal strengthens Nexture’s portfolio in functional and innovative ingredients while expanding its footprint in Southern Europe.
The deal marks a strategic expansion for Unibake into Italy’s growing bake-off bread segment.