Almarai's success story begins in 1977. It was around then that HH Prince Sultan bin Mohammed bin Saud Al Kabeer, their visionary Chairman, recognized an opportunity to transform Saudi Arabia’s traditional dairy farming industry to meet the needs of a rapidly expanding domestic market.
Under his guidance and patronage, numerous agricultural projects were launched to achieve his vision. Starting with fresh milk and laban processing, the scale and scope of these initiatives soon expanded to incorporate modern dairy farms and state-of-the-art processing plants.
During the early 1990s, Almarai entered a period of restructuring and reinvestment that took it from a decentralized structure to a centralized structure. The aim: to establish ourselves as a low-cost producer so that their consumers can enjoy high-quality products at an affordable price.
In line with this model, they replaced five decentralized processing plants with our first central processing plant. They also replaced ten small decentralized dairy farms with four large dairy farms in Al Kharj in the central region.
In late 2005, they commissioned a second, larger central processing plant, incorporating a new cheese plant. They also commissioned two new super-farms. In the same year, they moved from being a privately owned company to a publicly listed company and now have around 50,000 shareholders. At the end of 2016, their market capitalization exceeded SAR23 billion.See more