{"id":75363,"date":"2023-12-06T00:00:00","date_gmt":"2023-12-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/"},"modified":"2023-12-06T00:00:00","modified_gmt":"2023-12-06T00:00:00","slug":"almarai-acquires-etmam-logistics-for-sar-182-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/","title":{"rendered":"Almarai acquires Etmam Logistics for SAR 182 mn"},"content":{"rendered":"

Almarai buys Etmam Logistics for SAR 182 mn<\/strong>: Saudi dairy giant Almarai<\/a> has acquired frozen storage provider and distributor Etmam Logistics<\/a> for SAR 182 mn, according to a Tadawul disclosure<\/a>. The takeover will help Almarai expand its frozen foods segment, it said in the disclosure.<\/p>\n

The dairy company is handling the check:<\/strong> Almarai\u2019s internally generated cashflows are set to fully finance its acquisition of Etmam, which is still contingent upon regulatory approvals, the statement read.<\/p>\n

REMEMBER- Almarai made an entry to the frozen bakery segment this year: <\/strong>The dairy company is investing some SAR 405 mn<\/a> over the course of two years to increase its fresh bakery capacity and enter the frozen bakery market in the kingdom, it said in October. <\/p>\n

About Etmam Logistics: <\/strong>Etmam is the logistics arm of Saudi food distributor Shahini<\/a>, with a fleet of over 220 vehicles. <\/p>\n","protected":false},"excerpt":{"rendered":"

The move will help Almarai expand its frozen foods segment<\/p>\n","protected":false},"author":1,"featured_media":75364,"comment_status":"","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":[941],"tags":[17,653,25,137,66],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-75363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-enterprise-logistics","tag-food-and-beverage","tag-logistics","tag-ma-watch","tag-supply-chain","wpautop","entry"],"acf":{"mongo_id":"2570a112-980a-4574-998c-6dc612c8955e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/378.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Saudi dairy company Almarai acquires logistics service provider Etmam for SAR 182 mn","related_issue":[75356],"teaser":"The move will help Almarai expand its frozen foods segment","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.e25ffa7f-46d2-4d40-88ab-7cfd2b08365a.mp3"},"yoast_head":"\nAlmarai acquires Etmam Logistics for SAR 182 mn - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Almarai acquires Etmam Logistics for SAR 182 mn\" \/>\n<meta property=\"og:description\" content=\"The move will help Almarai expand its frozen foods segment\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-06T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Almarai acquires Etmam Logistics for SAR 182 mn\",\"datePublished\":\"2023-12-06T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Enterprise Logistics\",\"food and beverage\",\"logistics\",\"M&A WATCH\",\"supply chain\"],\"articleSection\":[\"M&A Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/\",\"name\":\"Almarai acquires Etmam Logistics for SAR 182 mn - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-06T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Almarai acquires Etmam Logistics for SAR 182 mn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Almarai acquires Etmam Logistics for SAR 182 mn - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/","og_locale":"en_US","og_type":"article","og_title":"Almarai acquires Etmam Logistics for SAR 182 mn","og_description":"The move will help Almarai expand its frozen foods segment","og_url":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/","og_site_name":"Logistics","article_published_time":"2023-12-06T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Almarai acquires Etmam Logistics for SAR 182 mn","datePublished":"2023-12-06T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/"},"wordCount":145,"publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1","keywords":["Enterprise Logistics","food and beverage","logistics","M&A WATCH","supply chain"],"articleSection":["M&A Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/","url":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/","name":"Almarai acquires Etmam Logistics for SAR 182 mn - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1","datePublished":"2023-12-06T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/06\/almarai-acquires-etmam-logistics-for-sar-182-mn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"Almarai acquires Etmam Logistics for SAR 182 mn"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/378.jpg?fit=%2C&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/75363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/comments?post=75363"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/75363\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/75356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/75364"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=75363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=75363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=75363"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/brand?post=75363"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=75363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}