Tanmiah forges MoUs with Griffith Foods and Poulta Inc.
Deal News | May 23, 2025 | Zawya
Tanmiah Food Company announced its signing of two significant Memoranda of Understanding with U.S.-based companies, Griffith Foods and Poulta Inc., during the Saudi-U.S. Investment Forum in Riyadh. The engagements, seen as transformative, play into Tanmiah's strategy to collaborate with global entities and propel Saudi Arabia as a center for halal products and technological advancement in agriculture. With Griffith Foods, Tanmiah aims to build a dedicated R&D facility in Saudi Arabia to produce halal food ingredients that cater to regional palates. The partnership emphasizes local manufacturing and aims at making the Kingdom a hub for halal ingredient production. In tandem, the partnership with Poulta Inc. focuses on digitally transforming Tanmiah's poultry production through advanced tech, including IoT and AI. This collaboration will involve creating a joint venture to extend digital transformation services across regional livestock industries and set up an R&D center for agri-tech innovation in Saudi Arabia. These agreements align with Saudi Vision 2030, promoting innovation, sustainability, and economic growth. The company is committed to sustainable production practices as it continues its role as a prominent player in the Middle East's food sector.
Sectors
- Food Production
- Agricultural Technology
Geography
- Saudi Arabia – The main activities and collaborations described in the article are centered on Saudi Arabia, particularly in the context of aligning with Saudi Vision 2030.
- United States – Griffith Foods and Poulta Inc., the U.S.-based companies, are key partners in the MOUs with Tanmiah Food Company.
Industry
- Food Production – The article discusses Tanmiah's role in food production, specifically in halal ingredients and processed proteins.
- Agricultural Technology – The involvement of Poulta Inc. highlights a focus on digital transformation in poultry farming, leveraging technologies such as IoT and AI.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tanmiah Food Company | Target Company | Company | One of the Middle East's leading providers of fresh poultry, processed proteins, and a restaurants operator. |
| Griffith Foods | Partner Company | Company | U.S.-based company specializing in food ingredients collaborating with Tanmiah. |
| Poulta Inc. | Partner Company | Company | An agricultural technology company from the U.S., partnering with Tanmiah for digital transformation. |
| Amr Al-Dabbagh | Chairman | Person | Chairman of Tanmiah Food Company |
| Zulfiqar Hamadani | Group CEO | Person | Group CEO of Tanmiah Food Company |