{"id":107080,"date":"2026-04-08T00:00:00","date_gmt":"2026-04-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=107080"},"modified":"2026-04-08T03:57:13","modified_gmt":"2026-04-08T03:57:13","slug":"bindawood-bought-a-51-stake-in-vaza-food","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/08\/bindawood-bought-a-51-stake-in-vaza-food\/","title":{"rendered":"BinDawood bought a 51% stake in Vaza Food"},"content":{"rendered":"

\n

BinDawood acquires majority stake in Vaza Food<\/p>\n

Retail conglomerate BinDawood Holding acquired a 51% stake in Vaza Food <\/strong>Company for SAR 217.9 mn<\/strong>, according to a Tadawul disclosure<\/a>. The retail company plans to expand into premium confectionery and specialty foods, using Vaza\u2019s manufacturing expertise to improve its products and supply chain. Both companies also see the partnership as a way to grow their presence online and in e-commerce.<\/p>\n

The retail giant has been ramping up its expansion plans:<\/strong> The firm planned to open four new stores in the Kingdom in 2H 2025, along with 500 smaller-front stores nationwide over the next seven years. It also acquired Zahrat Al Rawdah<\/a>, a majority stake<\/a> in the toy distributor Toy Triangle, and a 51% stake<\/a> in Dubai-based Wonder Bakery for AED 96.9 mn (SAR 99 mn).<\/p>\n

\n

Maison Safqa will scale luxury flash sales<\/p>\n

Saudi flash-sale platfor<\/strong>m Maison Safqa raised USD 620k in a pre-seed round <\/strong>backed by 500 Global<\/strong> (via the Sanabil MENA 500 Accelerator Fund), alongside regional and international angels \u2014 including the founder of European flash-seller Ventes Exclusives, according to a press release seen by EnterpriseAM. The company plans to double its brand portfolio to 100, roll out offline sales events in Riyadh and Jeddah, and scale up sales.<\/p>\n

About Safqa: <\/strong>Founded in 2024 by Lea Mehaweg, Estelle Nasr, and Georgia Mehaweg, Maison Safqa runs a platform that helps premium and luxury brands offload excess inventory while retaining control over pricing and brand positioning, through both open and invitation-only flash sales.<\/p>\n

\n

Al Rajhi Capital secures fresh financing to fund acquisitions<\/p>\n

Al Rajhi Ca<\/strong>pital<\/strong> has secured SAR 2.5 bn in facility agreements <\/strong>to refinance debt and fund future acquisitions, it said in a disclosure to Tadawul<\/a>. Al Rajhi Bank has committed SAR 1.75 bn, and Saudi Awwal contributed the remaining amount. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

The retail firm plans to expand into premium confectionery and specialty foods<\/p>\n","protected":false},"author":1,"featured_media":107081,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,1450,10,211],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-107080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-bindawood","tag-enterpriseam-ksa","tag-retail","wpautop","entry"],"acf":{"mongo_id":"68908484-18ee-4d5c-9193-6f069ede3bba","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/30.jpg","photo_position":"above","homepage_title":"","full_issue_title":"BinDawood bought a 51% stake in Vaza Food","related_issue":[107068],"teaser":"The retail firm plans to expand into premium confectionery and specialty foods"},"yoast_head":"\nBinDawood bought a 51% stake in Vaza Food - 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