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26 Aug 2022
Saudi Wafrah signs $4m contract with German GEA Food for meat production
RIYADH: Saudi food firm Wafrah for Industry and Development Co. has signed a contract with German GEA Food Solutions, one of the world's largest manufacturers of food lines and plants.
Under the $4 million contract, GEA Food Solutions will manufacture and supply highly automated lines for processing and packaging frozen and cooked meats for Wafrah, according to a bourse filing.
Wafrah said the company will start upgrading its production capacity and revenue in the second half of 2023.
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