About Us
A leading company in the import, trade and distribution of food goods, Aleid Foods Company was established in 1994, and with the growth of its business and the development of its operational operations, its capital reached 30 million Kuwaiti dinars. The Company is listed on Boursa Kuwait under the “Consumer Services” sector since 2018.
Aleid Foods holds a significant share of the local market as it serves the needs of consumers through value offerings and quality products. The Company owes its success to a flexible and vertically-integrated business model that enables it to provide a wide range of solutions for the food industry. With its strong distribution network and logistical setting, Aleid Foods brands are found in every household thanks to a wide distribution in cooperative societies (coops), supermarkets as well as the government-owned “Tamween” supply, small groceries and food catering companies.
Today, the Company remains focused on reinforcing its financial and operational position by growing its market share in Kuwait, expanding to new markets in the Middle East, as well as launching new products and acquiring the distribution rights of regional and international food brands. It aims to cater to changing modern markets by expanding its marketing and distribution, and developing advanced storage and processing facilities.
Aleid Foods launched a transformation strategy aimed at increasing efficiency and digitizing its operations. New manufacturing and packaging business lines will be introduced, supported by the construction of an upcoming new 7,000-square-meter factory for packaging food goods at a production capacity of 5,037 tons annually, in addition to a second factory covering 2,000 square meters to produce sugar cubes at a capacity of 31,700 tons annually.
Milestones
Throughout the years, Aleid Foods has transformed from a family-owned business to a listed company
with a solid financial position and an aim to expand regionally.
1994
Aleid Foods is established as a family-owned business by the Al-Mutairi family for the purpose of importing, selling, packaging and distributing food and consumer goods
2004
Aleid Foods becomes a Kuwaiti shareholding company in preparation to list on the Kuwait Stock Exchange then (Boursa Kuwait today) and to support future expansion plans
2008
Aleid Foods lists on the Kuwait Stock Exchange under the “Consumer Services” sector following a successful IPO that was covered within a short period and subscriptions exceeding five million shares, equivalent to 16.6% of the total of 30 million shares
2020
Aleid Foods starts restructuring to a vertically-integrated business model, introducing new supporting business lines in order to enhance the Company’s growth opportunities by acquiring new distribution rights and expanding in the region
2022
Aleid Foods Company launches and activates its regional expansion strategy Goals_25, and inaugurates its operations in Dubai and Riyadh.
2023
Aleid Foods participation for the first time in the HORECA Kuwait 2024 exhibition as a Golden Sponsor and through the focus to expanding the operations.
Vision
To be a key player in the regional food industry providing quality products and services that are digitally enabled for continuous growth.
Mission
Business Empowerment
Empowering our businesses with entrepreneurial talents, modern tools, and efficient policies to drive initiatives and achieve the company objectives.
Partner of choice
Nurturing the aspirations of our partners and deploying our competencies to accomplish common goals.
Value
Integrating values in our brand DNA:
- Passion and empathy
- Entrepreneurial mindset and drive for development
- Transparency and accountability