Saudi Arabia-based poultry producer Al Watania is reportedly considering a sale, having appointed BSF Capital as advisers to evaluate potential deals. Headquartered in Qassim, Al Watania is one of the largest poultry producers in the region, producing over one million birds and 1.5 million eggs daily. Founded in 1977 by Sheikh Suleiman Al Rajhi, the company employs over 7,500 staff and supplies 30% of Saudi Arabia’s poultry market. Al Watania previously explored plans to list on the Saudi stock exchange in 2015, though those efforts did not materialize.
The news of Al Watania’s potential sale comes amid significant activity in the region’s poultry sector. Earlier today, rival processor Tanmiah Food Company announced its acquisition of a poultry processing facility from Dajin Poultry Company. Tanmiah’s products are marketed under its brand name across the Gulf Cooperation Council (GCC) countries.
Additionally, in November, Brazilian meat producer BRF signed a binding agreement to acquire a 26% stake in Saudi-based Addoha Poultry Co., further signalling growing consolidation in the sector.
The potential sale of Al Watania, a major player in the industry, could reshape the competitive landscape in Saudi Arabia and beyond.