Riyadh, Saudi Arabia — Almarai Company’s recent bottled water acquisition marks a significant expansion, as they signed an agreement to acquire 100% of the shares in Al-Nuqaa Bottled Water Company, in a deal valued at SAR 1.04 billion.
A statement on Tadawul noted that Al-Nuqaa Bottled Water Company is a leading producer of high-quality bottled drinking water in Saudi Arabia and owns the Ival and Oska brands. The company operates modern facilities that use advanced production technologies and follow top international quality standards and sustainable practices.
Almarai Bottled Water Acquisition Expands Beverage Portfolio
Almarai explained that this strategic acquisition supports its plan to expand its beverage portfolio and grow its market presence. The company believes the move will add long-term value for its shareholders.
Almarai will finance the deal using internal cash flows. The agreement remains subject to contractual conditions and regulatory approvals within Saudi Arabia.
The company also confirmed that no related parties are involved in the transaction. It will share any important updates as they become available.
The Saudi Standard’s View: Strategic Thirst for Growth
Almarai’s acquisition of the Ival and Oska bottled water brands shows its deeper investment in the non-dairy beverage market. As Saudi Arabia’s top food and beverage group, the move allows Almarai to tap into growing demand for health-conscious and sustainably produced drinks.
This deal reflects a broader trend of Saudi firms strengthening value chains to improve efficiency and stand out in the market. By acquiring well-known local brands, Almarai gains better control over supply and distribution, cutting its reliance on outside vendors.
The acquisition also supports Vision 2030 goals, which aim to build private sector leadership in food security and health-related products. Strategic mergers like this help build economic resilience while meeting changing consumer needs.
Moreover, as more consumers seek transparency and sustainable products, Almarai’s approach enables it to respond quickly with ready-to-scale solutions. The company is not only expanding its product range but also reinforcing its role in building a self-sufficient and forward-thinking Saudi food industry. This move sets an example for future deals that aim to balance growth, customer value, and environmental responsibility in the Kingdom.
