Almunajem Foods Company

What Almunajem Foods Company does

Almunajem Foods Company is a Saudi Arabia-based, publicly traded (Tadawul: 4162) importer, producer, and distributor of frozen, chilled, and dry food products, founded in 1950 and headquartered in Riyadh. The company sources over 850 SKUs from 60+ international food producers across poultry, meats, dairy, vegetables, olives and olive oil, seafood, ready meals, and pastry, and operates a 58,000+ ton multi-temperature storage network spanning 13 branches, 200,000+ square meters of facilities, and a fleet of over 1,000 GPS-tracked refrigerated vehicles. Its owned Jeddah meat processing factory produces under the Dari, Habra, and Al Anaam Al Saudia brands following a 2021 capacity expansion to 11,000+ MT.

The company monetizes through three revenue streams: branded product distribution (own brands plus exclusive Saudi distribution for international flagships including Doux, Lamb Weston, President, Agro Sevilla, Silver Fern Farms, Fletcher, and Valbreso), private-label manufacturing, and fee-based logistics services offered to third parties. Go-to-market is organized into four direct-to-customer motions: lower-trade retail distribution to 12,800+ mini markets and grocery stores, wholesale distribution to 975+ customers serving restaurants and caterers, supermarket and hypermarket distribution to 1,000+ outlets across nine named chains (Panda, Othaim, Carrefour, Tamimi, Danube, Bin Dawood, Farm, Al Sadhan, Nesto), and HORECA partnerships with thousands of chefs.

FY2024 audited revenue was 3.35B SAR (~$893M) with an 8.33% net margin, growing only 0.98% YoY against 1.94B SAR in total assets and 1.01B SAR in equity. Recent capital allocation has emphasized vertical integration (Balady Poultry acquisition, 2024), production localization (new Jeddah food factory, April 2024), and state-supported industrial financing (Saudi Industrial Development Fund loan, December 2024), with a leadership transition in November 2025 installing Ali Elzein as CEO. Pricing is quote-based, undisclosed publicly, with B2B credit accounts offering monthly billing and credit limits up to 500,000 SAR after a 3-month qualification period.

Name

Almunajem Foods Company

Legal name

Almunajem Foods Company

Website

https://almunajemfoods.com

Company type

Public

Founded year

1950

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Food Distribution and Import

NAICS

Packaged Frozen Food Merchant Wholesalers (42442), Packaged Frozen Food Merchant Wholesalers (424420), Meat and Meat Product Merchant Wholesalers (424470), Fish and Seafood Merchant Wholesalers (42446), Frozen Specialty Food Manufacturing (311412), Frozen Cakes, Pies, and Other Pastries Manufacturing (311813), Seafood Product Preparation and Packaging (31171)

SIC

Wholesale-Groceries, General Line (5141), Wholesale-Groceries & Related Products (5140), Food And Kindred Products (2000), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Sausages & Other Prepared Meat Products (2013), Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Frozen Foods Wholesale (Packaged & Private Label) (AFAIAHAA)

akta.pro secondary industries

Frozen Meat, Poultry & Seafood Wholesale (AFAIAHAF), Frozen Foods Wholesale Distribution (CRAOAAAF), Frozen Food Cold Storage (TLALABAB), Online Cold-Chain & Frozen Food Delivery (AFAIAMAL)

Keywords

• Frozen food distribution
• Cold chain logistics
• Food import services
• HORECA supply
• Private label foods

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Product Distribution: Import, marketing, and distribution of frozen, chilled, and dry food products including poultry, meat, dairy, olives, olive oil, vegetables, fruits, seafood, and ready meals. Over 850 SKUs imported from over 60 international food producers.
2. Private Label Products: Production and marketing of products under own brands including Dari, Habra, and Al Anaam Al Saudia. Own meat processing factory in Jeddah established in 1992.
3. Logistics Services: Storage and transportation services offered to business customers through Munajem Cold Stores branches. Storage capacity of over 58,000 tons and fleet of over 1,000 refrigerated vehicles.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels4 records

Core offering

Almunajem Foods Company imports, stores, and distributes frozen, chilled, and dry food products across Saudi Arabia, offering over 850 SKUs from more than 60 international food producers. The company operates an integrated cold chain with 13 branches, 58,000+ MT of multi-temperature storage capacity, and a fleet of more than 1,000 refrigerated vehicles, while also producing private-label meat and poultry products through its Jeddah meat processing factory.

Product overview

Almunajem Foods Company operates as a food import, distribution, and production company with an integrated business model spanning the entire value chain. The company offers a diverse portfolio of frozen, chilled, and dry products organized across two main categories: branded food products and distribution services. The branded products include 13 major brands: Dari (flagship private label), Doux (French poultry), Coopoliva/Agro Sevilla (Spanish olives and olive oil), Lamb Weston (potato products), President (French dairy), Asmak (UAE seafood), Montana (vegetables/fruits), Marietta (private label), Fletcher (Australian lamb), Silver Fern Farms (New Zealand meat), Valbreso (French sheep cheese), Moralejo (Spanish lamb), and Villa Germania (Brazilian duck). Product categories span Poultry, Meats, Dairy, Vegetables, Olives & Olive Oil, Fruits, Dry, Seafood, Ready Meals, and Pastry with over 850 SKUs. Distribution services include Direct Retail Distribution (12,800+ customers), Wholesale Distribution (975+ customers), Supermarkets & Mini Markets Distribution (1,000+ outlets), HORECA partnerships, and Logistical Services with 58,000+ tons storage capacity and 1,000+ refrigerated vehicles.

Differentiator

Problem solved

Functional benefit

Products and services

• Dari Almunajem Foods' flagship private-label brand offering frozen foods, dairy, and dry products including chicken, vegetables, fruits, and cheese, backed by 60 years of experience in importing, producing, marketing, and distributing frozen foods.
• Montana Frozen vegetables and fruits brand offering artichoke, broccoli, molokheya, okra, peas, spinach, corn, green beans, guava, mango, strawberry, and mixed vegetables.
• Marietta Private label brand established for wholesale, food service, and lower trade. Offers wide range of products including vegetables, fruits, dairy, and dry storage products such as rice, cooking oil, sauces, condiments, and canned products.
• Habra and Al Anaam Al Saudia Own-brand meat and poultry products produced at the Jeddah meat processing factory, which has been expanded to over 11,000 MT production capacity.
• Direct Retail Distribution Distributes over 850 SKUs to more than 12,800 customers in the lower trade sector (mini markets and grocery stores) across all Kingdom cities and provinces through a dedicated sales team.
• Wholesale Distribution Specialized wholesale distribution serving more than 975 wholesale customers covering restaurants, caterers, hotels, and grocery stores, including seasonal support for Hajj events.
• Supermarkets & Mini Markets Distribution Largest distributor serving more than 1,000 outlets of supermarkets and mini markets including Panda, Othaim, Carrefour, Tamimi, Danube, Bin Dawood, Farm, Al Sadhan, and Nesto through a dedicated supermarket sales division.
• Logistical Services Storage and transportation services with total storage capacity of more than 58,000 tons across 12 sites covering the whole kingdom, and over 1,000 owned vehicles equipped with freezing and chilling units, GPS-tracked.
• HORECA Distribution Active partnerships with thousands of chefs in hotels, restaurants, and catering offering professional support through experienced local and expatriate employees.

Named customers9 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

Feature1 record

Partnerships

14 partnerships are on record, tiered core, major and flagship.

• National Industrial Development CentercoreStrategic or Co-development Partner · 15 May 2024Memorandum of Understanding signed for industrial development cooperation and support.
• Balady Poultry Trading CompanycoreStrategic or Co-development Partner · 30 April 2024Share purchase agreement signed with substantial shareholders. Non-objection certificate obtained from General Authority for Competition. Represents company's strategic expansion into poultry sector vertical integration.
• Food Factory Development - JeddahmajorStrategic or Co-development Partner · 28 April 2024Company announced establishing a new food factory in Jeddah to expand local production capacity.
• Golden Chicken CompanymajorStrategic or Co-development Partner · 24 October 2023Contract sign-off with Golden Chicken Company for poultry supply partnership.
• DouxflagshipChannel Partner/ Reseller/ DistributorDoux, established 1930 in France, is a global leader in poultry exports. Almunajem Foods distributes Doux poultry products in Saudi Arabia including whole chickens, chicken cuts, and further processed products (burgers, sausages, nuggets). All products are halal-certified.
• Lamb WestonflagshipChannel Partner/ Reseller/ DistributorLamb Weston is a leading supplier of frozen potato, appetizer and vegetable products to restaurants and consumers worldwide, incorporated in 1950. Almunajem Foods distributes their French fries, onion rings, hash browns, and potato products in Saudi Arabia.
• President (Bongrain)flagshipChannel Partner/ Reseller/ DistributorBorn in France in 1968, President brand is present in over 150 countries and is a defining global brand for cheese lovers. Almunajem Foods distributes their wide range of cheeses (75%), butters (20%) and creams (5%) in Saudi Arabia.
• Agro Sevilla / CoopolivaflagshipChannel Partner/ Reseller/ DistributorEstablished in 1977, Agro Sevilla is the world's largest producer, packer and exporter of olives and one of the leading exporters of Spanish Olive Oil. One of their olive factories bears the name of Sheikh Abdullah Ali Almunajem, founder of Almunajem Foods.
• AsmakmajorChannel Partner/ Reseller/ DistributorUAE-based company founded in 1999, is a leading provider of fresh and frozen seafood across the Middle East. Provides end-to-end solutions from fresh, frozen, breaded and value-added seafood to branded products.
• Silver Fern FarmsmajorChannel Partner/ Reseller/ DistributorNew Zealand's leading marketer, processor and exporter of premium quality lamb, beef and associated products. A partnership between Silver Fern Farms Co-operative and Shanghai Maling with over 16,000 farmer partners.
• Fletcher International ExportsmajorChannel Partner/ Reseller/ DistributorOne of Australia's most integrated processors and exporters of lamb and sheep meat products. Private family-owned company with two processing facilities with combined capacity of 90,000+ sheep and lambs per week.
• Villa Germania AlimentosmajorChannel Partner/ Reseller/ DistributorEstablished in 1996 in Indaial/SC Brazil, is the largest producer and exporter of Duck Meat in Latin America. Currently the market leader in the Middle East and major player in Asia, especially Japan.
• Moralejo SelecciónmajorChannel Partner/ Reseller/ DistributorThird generation family lamb business from Spain with 70 years of history. Exports to more than 30 countries with facilities meeting IFS, Halal, and USA approved standards.
• ValbresomajorChannel Partner/ Reseller/ Distributor100% Sheep's Milk cheese brand from Lacaune sheep grazing on lush plateaus surrounding Roquefort-sur-Soulzon. Provides distinctive taste and superior richness used in Roquefort production.

Scale indicators13 records

Recent moves10 records

Expansion highlights5 records

Emerging players

• BRF S.A. Brazil-based global poultry and frozen food producer (Sadia, Perdigao brands) expanding in MENA. Comparable as an international frozen protein supplier to the Middle East; Almunajem distributes competitors of BRF in the region.

Regional players

• Agthia Group: UAE-based food and beverage company (formerly part of Abu Dhabi's ADNOC) with flour, animal feed, and consumer food distribution. Comparable as a GCC food manufacturer-distributor with similar refrigerated and ambient product categories.
• Bidfood (Bidcorp) Middle East: South Africa-based Bidcorp's Middle East foodservice distribution arm, distributing frozen, chilled, and ambient foods to HORECA. Comparable as a multi-temperature B2B foodservice distributor serving hotels and restaurants in the Gulf region.

Direct peers

• Sunbulah Group: Saudi frozen and processed food manufacturer with strong private label and retail distribution lines. Comparable as a Saudi frozen food manufacturer-distributor targeting grocery and HORECA channels.
• Tanmiah Food Group: Saudi-listed poultry producer and processor with growing foodservice and retail distribution. Directly comparable in Saudi frozen protein distribution and the recent acquisition of Balady Poultry connects Almunajem with Tanmiah's competitive set.
• National Agricultural Development Company (NADEC): Saudi-listed dairy and food company with agricultural production and nationwide distribution. Comparable as a Tadawul-listed Saudi food producer-distributor with HORECA and retail reach.
• Halwani Bros Company: Saudi food manufacturer specializing in processed meats, frozen foods, and ready meals. Comparable as a Saudi frozen and processed food player with overlapping product categories and big-box retail distribution.

Broad incumbents

• Savola Group: Saudi food conglomerate listed on Tadawul, controlling Almarai and operating across edible oils, sugar, and retail. Comparable as a Saudi food conglomerate with diversified distribution and food manufacturing assets.
• Almarai Company: Saudi Arabia's largest vertically integrated dairy and food company, listed on Tadawul. Comparable as a Saudi food distribution giant with national cold chain reach, though Almarai focuses on dairy/bakery production vs. Almunajem's frozen importation focus.
• Americana Group (International Foods): Kuwait-based Middle East food operator (KFC, Pizza Hut, Hardee's franchises) and frozen food producer. Comparable as a MENA foodservice and frozen food distributor, though with stronger restaurant-operator overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/almunajemfoods
• LinkedInlinkedin.com/company/almunajemfoods
• Facebookfacebook.com/almunajemfoods

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

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 Almunajem Foods Company