BinDawood Holding Co. — M&A Activity 2026

Jun 1, 2026

BinDawood Holding Company announces the completion of the procedures for the acquisition of Vaza Food Company

4161 · 01/06/2026 16:24:39 · Announcement #95749 · View on Saudi Exchange

BinDawood Holding Company announces the completion of the procedures for the acquisition of Vaza Food Company

Element List	Explanation
Introduction	Reference to BinDawood Holding Company’s announcement published on 03/05/2026 corresponding to 16/11/1447 regarding the issuance of the non-objection certificate from the General Authority for Competition for the acquisition of 51% of the shares of Vaza Food Company (“Vaza”) with a consideration of SAR 217.9 million. Accordingly, the Company is pleased to announce to the shareholders the completion of the process of the acquisition of 51% of the shares of Vaza Food Company and completing the regulatory process related to shares ownership transfer and notarizing the amended Bylaws by the Notary Public, the consideration will be paid as agreed in the Share Purchase Agreement
Previous Announcement	BinDawood Holding Company announces an update on the company's announcement regarding the signing of a Share Purchase Agreement for the acquisition of 51% of the shares in Vaza Food Company by the issuance of the non-objection certificate from the General Authority for Competition
Date of Previous Announcement on Saudi Exchange’s Website	2026-05-03 Corresponding to 1447-11-16
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Completing the regulatory process related to shares ownership transfer and notarizing the amended Bylaws by the Notary Public, and the completion of the process of the acquisition of 51% of the shares of Vaza Food Company and the consideration will be paid as agreed in the Share Purchase Agreement
Reasons For The Delay on The Date of The Event Previously Announced	Not Applicable
The costs associated with the event, and if they have changed or not with indication of the reasons.	The total value of the acquisition of 51% of the shares of Vaza Food Company an amount of SAR 217.9 million
Delay consequences on the Company’s financial results	Not Applicable
Additional Information	The Transaction is expected to have a positive financial impact on the Company and its shareholders in the long-term.

This transaction forms part of Company’s strategic direction to accelerate growth and advance vertical integration by leveraging Vaza’s established premium brands, advanced manufacturing capabilities and strong market position, while expanding the Company’s presence across high demand customer segments and increasing its presence across key regions within the Kingdom.

This transaction is aligned with the objectives of Saudi Vision 2030 through supporting local manufacturing, advancing food sector development and increasing private sector contribution to economic diversification and sustainable growth.

In addition, the transaction creates opportunities for growth across digital platforms and e-commerce channels while supporting the Company’s omni-channel strategy to enhance customer experience and broaden customer reach to generate and capture synergies.

BinDawood Holding Company reaffirms its commitment to implementing its growth and expansion strategy across its business platforms and supporting the achievement of sustainable long-term returns for shareholders.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.