News & Announcements

BAAZEEM

30 April, 2024 15:33

Baazeem Trading Co. Announces Contract Sign Off with Kellogg Tolaram Noodles Egypt LLC

Element List	Explanation
Introduction	Baazeem Trading Company announces the Signing of a contract as of today 30/04/2024 with Kellogg Tolaram Noodles Egypt LLC, to be the exclusive distributor in Kingdom of Saudi Arabia for Key Accounts, Supermarkets, Mini markets, Wholesales and Discounter customers of the food products that Kellogg Tolaram Noodles Egypt LLC manufactures
Date of Announcement of the Award	2024-04-30 Corresponding to 1445-10-21
Contract Subject Matter	Distribution of food products
The Entity with Which the Contract was Signed	Kellogg Tolaram Noodles Egypt LLC
Date of Signing the Contract	2024-04-30 Corresponding to 1445-10-21
Contract Value	20 million SAR per year
Contract Details	Based on this contract, Baazeem Trading Company will distribute the food products of Kellogg Tolaram Noodles Egypt LLC. Those products will be available to consumers in the exclusive sales channels that Baazeem Trading Company deals with.
Contract Duration	3 Years
Financial Impact and the Relevant Period	The company expects its sales to increase by 20 million SAR annually, and the financial impact of this is expected to start at the end of the third quarter of the fiscal year 2024.
Related Parties	There are no related parties
Additional Information	Nothing

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