Business · Companies · 8 hrs ago
SALIC transfers National Grain Co. ownership to SABIL in Saudi Arabia
Saudi Arabia’s SALIC has transferred ownership of National Grain Co.
to SABIL, its subsidiary that supplies grain.
SALIC, which is owned by the Public Investment Fund, acquired the remaining 50% stake in National Grain Co.
to take full ownership before the transfer.
SABIL manages the country’s strategic wheat reserve and its network of silos and storage facilities, as well as grain handling and distribution.
National Grain Co.
brings experience sourcing grain internationally, supplying grain and animal-feed inputs, and serving local markets.
The companies are expected to work together to expand the range of commodities SABIL covers and help meet local needs.
National Grain Co.
will remain a separate legal entity, wholly owned by SABIL.
The change is part of SALIC’s effort to connect its international sourcing with Saudi Arabia’s domestic supply and logistics, supporting continuity of supplies and food-security goals.
Saudi Agricultural and Livestock Investment Co. (SALIC) is transferring full ownership of National Grain Co. to its subsidiary, SABIL.
SALIC acquired the remaining 50 percent stake in National Grain Co. to complete the transfer.
The integration brings together SABIL’s wheat reserves, storage and distribution capabilities with National Grain Co.’s international sourcing and local market operations.
SALIC said the move is intended to expand the grains and commodities covered by SABIL and help meet local market needs.
National Grain Co. will remain an independent legal entity wholly owned by SABIL.
- Who
- SALIC transferred National Grain Co. to its subsidiary, SABIL.
- What
- SABIL took full ownership of National Grain Co. after SALIC acquired the remaining 50 percent stake.
- When
- The transfer was announced on October 12, 2026.
- Where
- Saudi Arabia.
- Why
- SALIC said the move links its international sourcing with domestic logistics and commercial networks and supports supply continuity.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
SALIC announced the joining of Continental Farmers Group with Olam Agri to strengthen international sourcing capabilities.
SALIC announced the transfer of National Grain Co. to SABIL after acquiring the remaining 50 percent stake.
- Remaining stake acquired
- 50 percent
- New owner
- SABIL
- Former owner
- SALIC, owned by the Public Investment Fund
- National Grain Co. status
- Independent legal entity wholly owned by SABIL
- Announcement date
- October 12, 2026
Sources
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