June 22, 2017 5:20 PM ET

Food Products

Company Overview of National Food Products Company

Company Overview

National Food Products Company produces food products and beverages including dairy products and juices under the brands Oasis, Blu, Milco, Lacnor, and Gulf & Safa. The company was founded in 1973 and is based in Abu Dhabi, United Arab Emirates.

PO Box 2403

Abu Dhabi,  

United Arab Emirates

Founded in 1973

Phone:

971 25582808

Key Executives for National Food Products Company

President and Chief Executive Officer
Compensation as of Fiscal Year 2016.

National Food Products Company Key Developments

National Food Products Drops Stake Sale Plan

National Food Products Company has discarded its plan to sell an interest in the company. National Food Products had caught the interest of investors such as KKR & Co L.P. (NYSE:KKR) and The Blackstone Group L.P. (NYSE:BX). Bloomberg quoted people familiar with the matter as saying the sale proposal was dropped by the company, when bidders questioned about the value and cost of an expansion project. For now, the firm reportedly intends to conduct the expansion plan on its own and may look at the sale process two years later. Besides KKR & Co and Blackstone Group, Fajr Capital Limited and Almarai - Joint Stock Company (SASE:2280) have also shown interest in acquiring a stake in the National Food Products.

National Food Products Reportedly To Raise Funds

National Food Products Company is looking to raise funds. Fady Antonios Co-founder of National Food Products is planning to raise funds for the company's expansion and reduce his stake, sources familiar with the matter said.

KKR Almarai And Farj Among Bidders For National Food

KKR & Co. L.P. (NYSE:KKR) and Almarai - Joint Stock Company (SASE:2280) are among four rival groups shortlisted to bid for a majority stake in National Food Products Company, according to people with knowledge of the matter. For its bid, KKR is teaming up with Fajr Capital Limited. National Food Products has reportedly abandoned the majority stake sale as valuations did not meet expectations. The company appointed Emirates Investment Bank to oversee the sale in October, 2015.

Similar Private Companies By Industry

Company Name Region
Abu Dhabi Vegetable Oil Company L.L.C. Middle East/Africa
Advanced Baking Concept LLC Middle East/Africa
Al Dahra Holding LLC Middle East/Africa
Al Khaleej Sugar Company L.L.C. Middle East/Africa
Appetite Catering LLC Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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