Abu Dhabi, UAE — Silal, Abu Dhabi’s food, agriculture, and technology company, has announced acquiring a majority stake in SAFCO Group, a food and beverage distributor in the UAE.
Silal said the acquisition of SAFCO integrates with Silal’s strategic growth ambitions and significantly strengthens its presence in the hospitality, restaurant and catering segment, leveraging SAFCO’s 30-year track record in importing, distributing and exporting a wide array of premium food and non-food products across the UAE, Middle East and Africa.
Last year, Silal, in collaboration with Hoogendoorn, one of the world’s innovators in horticulture, launched the Digital Agronomy Service, which saw deployment of IoT sensors in 100 farms over the course of 2022.
This project is aimed at enabling local farmers and advisors to make better decisions on irrigation, fertilization, and crop management to maximize locally grown fresh produce.
