Key facts
- SALIC transferred ownership of National Grain Co. to its subsidiary, SABIL.
- SALIC acquired the remaining 50 percent stake in National Grain Co.
- The move aims to strengthen integration across SALIC’s domestic investments.
- The integration combines SABIL’s management of the strategic wheat reserve with National Grain Co.’s international sourcing expertise.
- The transfer supports SALIC’s strategy of linking global sourcing with domestic logistics.
The Saudi Agricultural and Livestock Investment Co. (SALIC) is transferring the ownership of the National Grain Co. to its subsidiary, the National Grain Supply Co. (SABIL). This move follows SALIC's acquisition of the remaining 50 percent stake in National Grain Co., giving it full ownership. The integration aims to bolster the resilience of Saudi Arabia’s grain supply chains and connect SALIC's domestic and international investments.