Almarai Company's main building is located in Riyadh. The company started production with 350 cows. Over the past 30 years, the intensity of operations has continued to expand, making Almarai the largest producer of milk and dairy products in the world with a dairy herd of 170,000 cows.
سعر سهم المراعيSavola owns the largest stake in the company, equivalent to a quarter, and the rest has been on the stock market since 2006. In 2005, Almarai Company entered a new era, as it moved from a private company to a public company owned by the public sector, where more than 125,000 people own Almarai shares.
At the beginning of 2007, a memorandum of understanding was signed with the owners of the Western Bakery Company Limited and the International Bakery Services Company for Almarai Company to own these companies, increasing the capital by 1,090 million Saudi riyals. The company's capital currently amounts to 8 billion Saudi riyals.
In 2009, Almarai Company and PepsiCo announced the establishment of the International Dairy and Juice Projects Company Limited (ADG); This was followed by the acquisition of the International Agricultural Projects Company (Beyti), which specializes in the manufacture of dairy products, fruit juices and milk, known in Egypt. It continues to be produced under its brand name as one of ADG's subsidiaries.
In the same year, Almarai entered the poultry industry by acquiring Hail Agricultural Development Corporation for $253 million in cash and gaining market share.
