Ajlan & Bros, Al Rajhi International, NADEC and Olam Consortium acquires MC2 for SR2.13b

The Consortium of Ajlan & Bros Group with Al Rajhi International Company, NADEC and Olam International Group announced the acquisition of the Second Milling Company (MC2), at SR2.13 billion, on Tuesday 11/30/2021, at the headquarters of Saudi Grains Organization (SAGO) in Riyadh.

Ajlan & Bros share amounts to 45%, Al Rajhi International Company 35%, NADEC 10%, in addition to Olam International with 10%.

https://www.aleqt.com/2021/12/03/article_2221701.html