24 Hrs
Source:
الاقتصادية
Ben Daoud Emphasizes Return Over Acquisition Volume
The article by BinDawood Holding Company focuses on its strategy to achieve the targeted return from its investments rather than increasing the number of acquisitions. The company highlights its efforts to diversify its revenue streams through investments in sectors including food manufacturing, particularly in Europe, by acquiring a dairy factory in Estonia for 585 million riyals, aiming to expand its business scope and create added value. The company also emphasizes that retail remains its main activity, with ongoing work to build a comprehensive ecosystem encompassing distribution, manufacturing, and technology to enhance efficiency and improve margins. Its CEO acknowledged that European expansion involves regulatory and geopolitical risks, but the company relies on acquiring ready-to-operate assets to mitigate these risks, with a focus on building an integrated production base to support regional expansion, product development, and the achievement of targeted returns.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)