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Al-Safi set to buy out Azizia Dairy

Al-Safi Dairy, part of Saudi-based Al-Faisaliah Group, has said it is in talks to acquire Al-Azizia Dairy Farm Co (Azizia Dairy), Arab News has reported. The negotiations are in the final stages and the acquisition deal will be signed in the next two weeks, said director general of the Al-Faisaliah Group, Ali Al-Rukban. Established in 1979, Al-Safi Dairy is said to have the largest single integrated dairy farm in the world that covers 3,500 hectares of land, has a herd of 37,000 Holstein cattle, and is the supplier of high-quality milk to Al-Safi Danone.