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INTERNATIONAL FOOD SERVICES


BUSINESS DESCRIPTION:

International Food Services (“IFS”) is a food processing, distribution and large scale catering operator. IFS catering division is specialized in labor camp services across KSA with capacity of serving more than 75,000 meals per day. IFS has plants in Saudi Arabia, Egypt and Syria and distribution operations in Saudi Arabia, Syria, Lebanon, and the UAE. IFS owns and operates food processing facilities in Jeddah, including canned meat, jam and cheese, as well as plastic and aluminum factories (for food packaging).

In the staple foods category, IFS owns and operates one of the largest potato factories in Egypt, whilst in dairy products, the company operates a powder milk factory in Syria. The distribution arm is supported by a network of warehouses and fleet of vehicles, and comprises a retailing arm of convenience stores and restaurants. IFS owns leading labels such as: “Hot&Cripsy”, “Golden Fields”, “Maysa”, and distributes a few other FMCG products.

GROUP ENTITIES:

IFCG (International Food & Consumable Goods Co.) – KSA, IFCG Egypt (International Food & Consumable Goods Egypt S.A.E.) – Egypt, IFCGF(International Food & Consumable Goods Factory) – KSA, GFC Lebanon (Golden Foods Co. Lebanon) – Lebanon & Syria, Al Rakkia Food Co. –Syria, Hot & Crispy – KSA

KEY OFFICERS:

Mr. Ziad Rayess – CEO
Mr. Mustafa Zreik – CFO

CONTACT DETAILS:

International Food Services Co.
Ameer Sultan Street
North Round About
Al Idrisi Building
Al – Naieem District Jeddah 21412, Saudi Arabia
T: +966 12 6130979 / 6130978
F: +966 12 6130998
http://www.ifs.net.co

 

 

 

PORTFOLIO:
INTERNATIONAL FOOD SERVICES
KSA, Jeddah

STATUS:
Current

ENTRY YEAR:
October 2010

SECTOR:
Food & Beverage

INVESTMENT:
Equity – Strategic Minority