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// Workers AI · dad joke modeIs Alrifai a nut company? Does it crack under pressure?

From Wikipedia, the free encyclopedia
Al Rifai International Holding
Native name
ﺷﺮﻛﺔ اﻟﺮﻓﺎﻋﻲ اﻧﺘﺮﻧﺎﺷﻮﻧﺎل اﻟﻘﺎﺑﻀﺔ ﻟﻴﻤﺘﺪ
TypePrivate
IndustryRetail
FMCG
Founded1948 in Beirut
Headquarters,
Area served
Worldwide (except MENA countries)
ProductsNuts, kernels, coffee, confectionery, chocolates, gifting
OwnersMerit Holding (2021–present)[1]
SubsidiariesAlrifai Nutisal AB (2006–2013)
Websitealrifai.com

Al Rifai is a Lebanese snack food company headquartered in Beirut, Lebanon. The company has 40 percent nuts market share in Lebanon and is the largest snacking nut retailer in the Middle East.[2] Since 1996, Al Rifai has focused on international expansion while its Middle East business was franchised to Kuwait-based Kout Food Group.

History

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Rifai was founded in Beirut in 1948 as a home-based operation supplying roasted nuts and coffee to the local neighborhoods. In addition to its retail brand, Rifai wholesales nuts under other brands. In 1996 Al Homaizi Foodstuff Co.[a] of Kuwait acquired the rights to manufacture and sell Al Rifai products in the MENA region. In 2021, Merit, the holding company of the Saadé family, acquired 100 percent ownership of Rifai.[1]

Production

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In July 2013 Alrifai opened a new plant in Halat with an annual capacity of 16,000 tons to consolidate all local production.[2] It jointly owns facilities in Kuwait and Dubai with a local franchisee. Between 2006 and 2013, Alrifai owned a factory in Sweden under the name of Alrifai Nutisal AB, it sold its products in Sweden, Denmark, Norway, Germany, UK and the Benelux region. The factory was sold to local confectionery firm Cloetta in December 2013 for a reported $63 million.[3]

Notes

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  1. ↑ Now known as Kout Food Group.

References

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  1. 1 2 Executive Magazine (March 9, 2021). "MERIT Holding announces the full acquisition of Al Rifaï". The Bulletin.
  2. 1 2 Speetjens, Peter (30 September 2014). "Nuts for nuts". Executive Magazine. Retrieved 15 September 2020.
  3. ↑ Ghanem, Rania (December 12, 2013). "Al Rifai Sweden sold for $63 million". Lebanon Opportunities. InfoPro SAL.
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