16 Nov 2020 07:00
RNS Number : 3466F
Arabian Food Ind. Co. Domty S.A.E.
16 November 2020
Arabian Food Industries Company Domty S.A.E.
Press Release
Domty has signed a contract with Tetra Pak to purchase a packing line for dairy products at an investment cost of USD 500 thousand, as the company plans to start producing and selling milk in the mid of 1Q2021.
The UHT milk will be packaged in carton packs from Tetra Pak Company.
This step represents part of the company's plan towards transforming into an entity that produces all kinds of food and drinks
******
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
DOMT.L (DOMT)