Tabuk Agriculture Development Co.

What Tabuk Agriculture Development Co. does

Tabuk Agricultural Development Company (TADCO) is a Saudi publicly-listed agricultural producer founded in 1983 and headquartered in Tabuk, North-West Saudi Arabia. Organized into five Strategic Business Units (Forage, Olives, Vegetables, Fruits, and Grains), it produces potatoes, white and red onions, alfalfa, wheat seeds, olives and extra virgin olive oil (under Shamal and Zaituna brands), and a diversified portfolio of stone fruits, grapes, and citrus. TADCO is the largest potato producer in Saudi Arabia, supplying over 65% of domestic French fries factories' requirements from a 200,000 MT national market, and holds 27% of the Saudi wheat seeds market.

The company's production technology centers on the most advanced cold storage facilities in the Middle East — 34 computerized potato cold rooms (13,000 MT single-crop capacity, up to 26,000 MT across two crops annually) and 16 fruit cold rooms (5,500 MT) — all monitored 24/7, plus computerized grading and a two-stage ALFA LAVAL olive press operating below 30°C. TADCO holds ISO 9000, ISO 22000, HACCP, S.G.A.P., and Saudi Quality Mark certifications, and reports a 50% reduction in water usage versus 20 years prior through irrigation technology investment.

TADCO sells primarily through B2B direct contracts to food processing factories and dairy farms, with secondary wholesalers handling 50% of fruit sales for retail markets, supplemented by a direct e-commerce storefront. Revenue is generated from one-time agricultural product sales and contract farming services (e.g., a SAR 5.06 million onion production contract in 2025). The company is currently undergoing a substantial financial restructuring, including an 80.47% capital reduction approved by the CMA to absorb SAR 315.24 million of accumulated losses, accompanied by CEO transition and broader board and committee reconstitution in late 2025.

Name

Tabuk Agriculture Development Co.

Legal name

Tabuk Agricultural Development Company

Website

https://tadco-agri.com

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Tabuk Agriculture Development Co. (TADCO) is a Saudi publicly-listed agricultural producer supplying over 65% of Saudi French fries factories' potatoes, plus wheat seeds, alfalfa, onions, fruits, and olive oil, serving food processors, dairy farms, and wholesale markets domestically.

Ownership category

akta.pro rank

Product category

Diversified Agricultural Production

NAICS

Potato Farming (111211), Oilseed and Grain Farming (1111), Vegetable and Melon Farming (1112)

SIC

Agricultural Production-Crops (100)

akta.pro primary industry

Potato & Vegetable Chips Manufacturing (AFAKAIAA)

akta.pro secondary industry

Cereal & Grain Seeds (Wheat, Barley, Oats, Rye) (AFABAFAB)

Keywords

• Potato production
• Olive oil manufacturing
• Alfalfa forage supply
• Wheat seed processing
• Agricultural cold storage

Headquarters

HQ city

Tabuk

HQ country

Saudi Arabia

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Agricultural Product Sales: Production and sale of fruits (peaches, apricots, grapes, nectarines, pears, plums), vegetables (potatoes, white onions, red onions), olives and olive oil, forage (alfalfa), and wheat/grains. Products sold fresh, stored, or processed through cold chain.
2. Contract Farming Services: TADCO produces crops (e.g., onions) for partner companies under production contracts. Signed SAR 5.06 million onion production contract with East Asia Agricultural Development and Investment Company for 10 months.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

TADCO is a diversified agricultural producer organized into five Strategic Business Units (Forage, Olives, Vegetables, Fruits, Grains) that cultivates, processes, and sells potatoes, onions, stone fruits and grapes, extra virgin olive oil (Shamal and Zaituna brands), alfalfa forage for dairy farms, and ISO 9000-accredited wheat seeds. It supports production with the Middle East's most advanced computerized cold storage facilities (34 potato rooms at 13,000 MT capacity and 16 fruit rooms at 5,500 MT capacity) and an ALFA LAVAL olive press, supplying French fries factories, dairy farms, wholesale markets, and retailers across Saudi Arabia.

Product overview

Tabuk Agricultural Development Company (TADCO) is a diversified agricultural company organized into five Strategic Business Units: Forage, Olives, Vegetables, Fruits, and Grains. The company operates the largest potato production operation in Saudi Arabia (supplying 65%+ of french fry factories), is a leading olive oil producer with 'Shamal' and 'Zaituna' brands, produces high-quality alfalfa forage for dairy farms, cultivates stone fruits and grapes, and processes wheat seeds with 27% market share. TADCO also operates complementary cold storage and grading facilities, including 34 potato cold rooms (13,000 MT capacity) and 16 fruit cold rooms (5,500 MT capacity), using computerized environmental monitoring systems. The company markets products under the 'TADCO' brand and serves both B2B customers (french fry factories, dairy farms) and consumer markets.

Differentiator

Problem solved

Functional benefit

Brands

• Shamal (شمال): Olive oil brand meeting International Olive Oil Council standards for extra virgin olive oil
• Zaituna (زيتونة)

Products and services

• Potatoes Spring, autumn, and summer potato crops supplying over 65% of Saudi French fries factories' processing potato requirements, with 60%+ recovery rate and year-round availability backed by 13,000 MT cold storage capacity (up to 26,000 MT for two crops/year).
• Onions (White and Red) White and red onion production with cold storage conditioning for up to 10 months; TADCO also offers onion contract production services to third parties including East Asia Agricultural Development and Investment Company.
• Fruits (Peaches, Apricots, Grapes, Pears, Plums, Nectarines, Figs) Diversified fruit production including peaches (4,000 MT), grapes (3,300 MT), apricots (2,600 MT), pears (2,600 MT), plums (740 MT), nectarines (380 MT), and figs (60 MT); includes a nursery for fruit tree propagation.
• Extra Virgin Olive Oil (Shamal and Zaituna Brands) Extra virgin olive oil produced from TADCO's own olive groves using an ALFA LAVAL two-stage press and decanter (3 ton/hour capacity) extracting oil below 30°C. Sold under Shamal (شمال) and Zaituna (زيتونة) brands meeting International Olive Oil Council standards and carrying the Saudi Quality Mark.
• Forage (Alfalfa) High-quality alfalfa forage produced for dairy farms, with controlled ADF, NDF, and protein specifications; supplied as 3-tie bales ideal for dairy farm handling and storage to support increased milk yields and reduced unit milk production costs.
• Wheat Seeds (Grains) ISO 9000-accredited wheat seed production and processing meeting specifications of 98%+ purity, 95%+ germination, and 46g+ thousand kernel weight; TADCO held 27% of the Saudi wheat seeds market in 2007. Two seed processing plants established in 1988 and 1998.

Quantifiable outcome

• Over 65% market share of Saudi French fries factory potato supply
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• East Asia Agricultural Development and Investment CompanycoreStrategic or Co-development Partner · 10 September 2025TADCO owns 28.57% stake in East Asia Agricultural Development and Investment Company (classified as an associate). The companies signed a SAR 5.06 million contract for TADCO to produce onion crops for the partner. The 10-month contract is expected to have a positive financial impact on TADCO's 2026 results.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Halwani Bros. Co. Saudi-listed processed foods manufacturer (processed meats, frozen vegetables, dates); broader food portfolio but operates in the same Saudi food manufacturing landscape where TADCO supplies raw agricultural inputs.
• Herfy Food Services Co. Saudi-listed fast food and food processing company, including frozen potato products; a downstream buyer of TADCO-grade potatoes and an adjacent Saudi food platform pursuing foodservice and processing expansion.
• SADAFCO (Saudia Dairy & Foodstuff Co.): Saudi-listed manufacturer and distributor of dairy, ice cream, and food products; comparable as a publicly traded Saudi food company serving similar consumer and foodservice channels.
• Savola Group: Large Saudi-listed food conglomerate with diversified edible oils, processed foods, and retail (Panda); broader than TADCO but operates in overlapping Saudi food/agriculture value chains and pursues similar food-security themes.

Direct peers

• National Agricultural Development Company (NADEC): Saudi-listed agricultural and dairy producer with overlapping crop and dairy-forage operations; competes with TADCO in domestic agricultural production and serves similar B2B and consumer channels across Saudi Arabia.
• Almarai Company: Middle East's largest vertically integrated dairy company and a major buyer of high-quality alfalfa forage; a direct B2B customer for TADCO's forage SBU and a comparable Saudi-listed food and agriculture platform.
• Tanmiah Food Company: Saudi-listed poultry and food company with downstream processing operations and feed inputs sourced from regional agriculture; comparable as a Saudi-listed food/agriculture platform pursuing food-industry diversification.
• Al-Jouf Agricultural Development Co. Saudi-listed agricultural peer headquartered in the Al-Jouf region; produces olives, fruits, and field crops under a similar SBU-style model, directly comparable to TADCO's diversified crop portfolio and Saudi market positioning.

Emerging players

• AlKabeer Group: Middle East-based frozen and processed food producer (meat, vegetables) with regional sourcing and cold-chain assets; an emerging competitor/distributor in adjacent frozen potato and vegetable categories where TADCO operates.

Regional players

• Wafrah for Industry and Development Co. Saudi agricultural producer operating in crop and food categories including dates and related food products; comparable as another Saudi-listed agricultural operator with overlapping produce and consumer food exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/AgriTadco
• LinkedInlinkedin.com/company/tadco

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tabuk Agriculture Development Co.