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  1. Mubasher News
  2. Agthia launches $24.5mn facility in Jeddah

Agthia launches $24.5mn facility in Jeddah

NOHA.GAD
Jul 9, 2024
Agthia launched $24.5 million protein manufacturing facility in Jeddah

Riyadh - Sharikat Mubasher: Agthia Group, the leading food and beverage (F&B) company based in Abu Dhabi, launched its new protein manufacturing facility in Jeddah worth as much as $24.5 million, a recent statement announced.

Located in Jeddah’s First Industrial City, the 9,000 square meters facility is expected to produce more than 9,000 tons per year. It was designed to meet the growing demand for Agthia’s key protein brands.

Launching the new facility came as part of Agthia’s strategy to solidify its presence in the GCC region. 

CEO Alan Smith affirmed that Agthia’s investment in the new facility underpins the company’s commitment to creating value for its stakeholders and positioning itself as the foremost player in the F&B industry across the MENA region by 2025.

“By bolstering our presence in KSA’s rapidly expanding processed meat market, we are not only reinforcing our market position but also contributing significantly to the diversification and growth of our regional product portfolio,” Smith said.

The Jeddah facility encompasses two production lines capable of manufacturing over 50 distinct SKUs, supported by a diverse supply chain of over 69 raw materials. It is equipped with in-house microbiology and sensory evaluation laboratories to ensure the highest standards of quality control and product development.

Declan Bennett, President of Agthia’s Protein Business, commented: “This comprehensive setup enables Agthia to offer a robust product portfolio tailored to the evolving needs of the Saudi market. This investment addresses the rising demand for our protein and frozen products within the Kingdom, positioning us to effectively meet both current and future market requirements.”

Moreover, the new facility will enable Agthia to better serve the growing demand for premium protein products in Saudi Arabia and export to over 25 countries.

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Saudi Arabia
UAE
Manufacturing
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