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United Farmers Holding company logo
AGRICULTURE | Crop Production
ufhc.com.sa

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Founded Year

2013

Stage

Shareholder Liquidity | Alive

About United Farmers Holding

United Farmers Holding Company (UFHC) aims to increase agricultural production and productivity in order to supply Saudi Arabia with grains and fodders.

United Farmers Holding Headquarter Location

Sercon Tower #1, 5th Floor, Office 506 Olaya Street

Riyadh, 12241 2610,

Saudi Arabia

+966 11 465 7501

Latest United Farmers Holding News

Almarai SJSC : Company Announces the Sale of its Shares in United Farmers Holding Company (“UFHC”) to Saudi Agricultural and Livestock Investment Company (“SALIC”) one of the Founding Partners of UFHC

Jan 3, 2019

0 Message : 31st December 2018 Almarai Company Announces the Sale of its Shares in United Farmers Holding Company ("UFHC") to Saudi Agricultural and Livestock Investment Company ("SALIC") one of the Founding Partners of UFHC. Almarai Company ("the Company"), is pleased to announce that on 31st December 2018, the Company has completed the sale of all its Shares in United Farmers Holding Company ("UFHC") which represent 33.0% of the paid up capital, to Saudi Agricultural and Livestock Investment Company ("SALIC"), one of the founding partners of UFHC, for an aggregate amount of 28 million USD equivalent to SAR 105 million, after obtaining all the necessary regulatory and legal approvals. The financial impact of this transaction will be effective in the 4th Quarter of 2018 results, which is not material to the Company's financial statements. The proceeds from this transaction will be used to support the Company's business and investments. Attachments

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