Announced

Hassad Food invested in Sunrise Foods International.

Synopsis

Hassad Food, Qatar’s leading investor in the food sector, invested in Sunrise Foods International, the world’s largest supplier of organic grains and oilseeds. Financial terms were not disclosed. The Chief Executive Officer of Hassad Food Company, Mohamed Badr al-Sada, said that the company is delighted to enter into a long-term strategic partnership by acquiring a stake in Sunrise Foods International, pointing out that the company will benefit from the commercial side of this agreement in the coming years, due to the growing demand for organic products in the global markets.

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