Hassad Food of Qatar Acquires an Equity Interest in A’Saffa Foods, Oman

Hassad Food of Qatar Acquires an Equity Interest in A’Saffa Foods, Oman

sweety_41
By sweety_41

Doha, Qatar 10, February 2015:  Hassad Food, Qatar’s premier investor in the Food & agriculture sectors has acquired a significant minority equity interest in A’Saffa. The transaction which was announced today in Muscat was concluded and signed by the Chairman of Hassad Food, His Excellency, Mr. Nasser Al Hajri, and His Excellency, Mr.Mohamed bin Obaid Al Mazrouei, Chairman, Arab Authority For Agricultural Investment & Development.

 

A'Saffa Foods S.A.O.G (formerly A'Saffa Poultry Farms, S.A.O.G) was established in 2001 and is the largest integrated poultry project in the Sultanate of Oman over a 40 square kilometer farm area is situated in Thumrit, Southern Oman. The state-of-the-art project facilities produces high quality fresh and frozen poultry meat products and its 100% owned subsidiary produces value added processed meat products.

 

On the occasion H.E. Mr. Nasser Al Hajri, Chairman of Hassad Food said: “We are very excited about this acquisition which is a strong testament that Hassad Food is on the right track towards achieving its vision in becoming a leading global provider of high quality food products.”

 

“Hassad’s mission is to invest in efficient, profitable, growth-oriented global brands, contributing to the welfare of Qatar and the region by providing high quality products while using the latest technology in harmony with the environment and adhering to the highest standards of corporate social responsibility. I am confident that this partnership is in line with what we are trying to achieve in supporting the economic development and integration with the GCC market” H.E. Mr. Al Hajri concluded.

 

A’Saffa chickens are fed with 100% natural feed, produced in a highly equipped feed mill and slaughtered according to Islamic law (Shariaa).

 

Company plans to expand its existing poultry operations and diversify into other parts of the value chain that complements its business over the next three to five years.

 

Eng. Saleh Mohammed Al Shanfari, Chairman A’Saffa Foods stated: “ We are very happy with the deal. A’Saffa Foods has managed to establish its presence regionally and now it has become amongst the top respected food companies in the GCC; To have a strong partner shareholder on board like Hassad Food of Qatar, I am confident that the company will further progress its way to an even stronger presence globally which will impact positively on our shareholders of the Company. Eng. Saleh also appreciated the role of AAAID for their support from the inception to this strategic project.

 

A’Saffa Poultry Farms, S.A.O.G) is accredited and certified by the highly recognized international body TUV.

  • ISO 9001 Total Quality Management System,
  • ISO 14001 Environmental Management System and is certified by
  • HACCP for Food Quality and Hygiene.
Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.