Mayar Holding’s subsidiary begins commercial production
MAYAR
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Riyadh – Mubasher: Rasa Food Industries, a subsidiary of Mayar Holding Company, has officially begun commercial production at its manufacturing facility following the receipt of all necessary regulatory approvals.
The subsidiary, which is 97.5% owned by Mayar Holding, specializes in the processing and production of various poultry and meat products.
The facility is designed to produce frozen shawarma skewers, soft shawarma, and chicken tenders, in addition to complementary food products under the "Grillio" brand.
According to the regulatory filing, the factory has reached a total monthly production capacity of approximately 1,000 tons.
Management expects the start of commercial operations to contribute positively to the company’s consolidated financial results.
This impact is projected to materialize during the second half (H2) of 2026. The move marks a significant step in the group's efforts to scale its industrial food operations and expand its market share within the kingdom's food manufacturing sector.
Mayar Holding received a formal notification from its majority shareholder, Taya Holding Company, regarding the unconditional waiver of a substantial credit balance.
Source: Mubasher Source: {{details.article.source}}