Silal, Abu Dhabi’s leading food, agriculture, and technology company, is strengthening its market presence and expanding its footprint in the food service and distribution industry by acquiring a majority stake in SAFCO Group, a leading food and beverage (F&B) distributor in the UAE.
The acquisition of SAFCO integrates with Silal’s strategic growth ambitions and significantly strengthens its presence in the hospitality, restaurant and catering segment, leveraging SAFCO’s 30-year track record in importing, distributing and exporting a wide array of premium food and non-food products across the UAE, Middle East and Africa. The acquisition integrates with Silal’s strategic objectives and growth ambitions.
As pioneers in the food service and distribution industry, SAFCO has continually strived to uphold its preeminent status through innovation, an expansive distribution network, cutting-edge facilities and a commitment to delivering exceptional customer service. SAFCO’s foundation rests upon a strong organizational culture, team loyalty, a strong work ethic, deep commitment and trust, all of which form the bedrock of the company’s operations.
SAFCO’s acquisition is a pivotal step in enhancing Silal’s capacity to meet the market’s demand for a wide range of high-quality products and will accelerate the company’s efforts to enhance its food distribution.
In Feb 2022, Silal and the US-based AeroFarms, a Certified B Corporation and leader in indoor vertical farming, signed a Memorandum of Understanding to collaborate on a long-term research and development (R&D), involving knowledge and technology transfer of advanced farming systems to local farmers.