Logo ofNofoth Food Products Co.
Nofoth Food Products Co.said that the legal procedures related to its acquisition of a 65% stake in Plenty Food Co. LLC were completed on Oct. 5. 
This includes the transfer and registration of ownership of the acquired stake in its name, in accordance with the share purchase agreement, according to a statement to Tadawul today, Oct. 6.
The company said there was no change to the previously announced transaction consideration.
According to Argaam data, Nofoth signed an SPA in August 2026 to acquire a 65% stake in Plenty Food for a fixed consideration of SAR 52.7 million, in addition to a conditional consideration of up to SAR 3.25 million, bringing the total to SAR 55.95 million.
Last September, the company also announced that the General Authority for Competition (GAC) issued a no-objection for the 65% stake acquisition.
Logo ofNofoth Food Products Co.
Nofoth Food Products Co.said that the legal procedures related to its acquisition of a 65% stake in Plenty Food Co. LLC were completed on Oct. 5.
This includes the transfer and registration of ownership of the acquired stake in its name, in accordance with the share purchase agreement, according to a statement to Tadawul today, Oct. 6.
The company said there was no change to the previously announced transaction consideration.
According to Argaam data, Nofoth signed an SPA in August 2026 to acquire a 65% stake in Plenty Food for a fixed consideration of SAR 52.7 million, in addition to a conditional consideration of up to SAR 3.25 million, bringing the total to SAR 55.95 million.
Last September, the company also announced that the General Authority for Competition (GAC) issued a no-objection for the 65% stake acquisition.
