Foodco National Foodstuff P.J.S.C. (United Arab Emirates)

The Company is engaged in provision of import and distribution of foodstuff and household items, catering services and facility management services and restaurants.
The Company was established to reflect the growing diversity of the group, which had seen the establishment of a number of companies under the banner of Abu Dhabi National Foodstuff Company (Foodco) presently and was established in Abu Dhabi in 1979 as a public share holding entity under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, the President of U.A.E , these former divisions operate as standalone subsidiaries of Foodco Holding. Supported by a dedicated team of approximately 500 employees, Foodco Holding continues to evolve, excelling in terms of expansion and innovation, with operations covering the food sector, retail, packaging, catering, restaurant franchising and other areas. As a testament to our success, a 2011 survey conducted by the UAE Ministry of Foreign Trade entitled “Success Stories of 110 UAE-based International Investors” recognized the company as one of the country's seven most accomplished companies in the food industry sector. Looking ahead to further development and expansion, the company has embarked on the construction of new company offices in Mafraq, which will boast vast grounds of 65,000 square meters, and is set for completion in early 2013.
A renowned and respected firmin the region that was established in Abu Dhabi in 1979 as a public shareholding entity under the patronage of His Highness Sheikh Khalifa Bin Zayed AlNahyan, the President of U.A.E. The Company comprises four subsidiarycompanies, Foodco LLC, Sense Gourmet, Dana Plaza and Oasis all of which operateas standalone entities under the holdingcompany. Setup as a public shareholding entity, the Abu Dhabi National Foodstuff Company, nowknown as Foodco Holding, is the core foundation of the group. Benefiting from astrategic location, strong financial backing, a solid infrastructure and aprogressive approach, the company flourished, paving the way for further growthand development. Seekingdiversity, the group penetrated the non-food market by launching Dana Plaza in1987. A pioneer department store at the time, it remains a preferred retaildestination for Abu Dhabi residents today. In1997, the establishment of Oasis National Foodstuff brought cutting-edge foodprocessing and packaging technologies to the region. Oasis prides itself in thediversity of its services, and boasts an impressive portfolio of well-respectedcompanies Recognizingthe high potential for catering operations and other lucrative opportunities inthe hospitality sector, the group went on to establish Sense Gourmet in 2005with the ultimate purpose of setting up high-potential restaurants across theGCC, MENA and South Asia regions. Uponthe creation of Foodco Holding in 2006, all the divisions that previously cameunder Abu Dhabi National Foodstuff Company (Foodco) became standalone companieswith independent financials and management teams. The board of directors of FoodcoHolding assumes the responsibility for the strategic oversight and governanceof the entire group, making decisions on acquisitions and divestments, as wellas providing treasury, human resources and auditing functions for all companieswithin the group. Furthermore, as a strategy to diversify financial resources,Foodco Holding has made successful investments in various sectors, includingreal estate as well as private and public equities. Withsolid prospects for development and expansion, construction of the new FoodcoHolding offices in Mafraq is already underway. Set for completion in thebeginning of 2013, with an estimated cost exceeding AED 80 million, the newpremises boast a vast 65,000 square meter area and will house Foodco LLC, SenseGourmet and Oasis. The site benefits from impressive space as well as proximity to Tawila, the futurelocation of Abu Dhabi Ports. Phase one will see the completion of the company headoffices housed in block A, as well as dry and cold stores housed in block B.Phase two will bring the project full circle with the completion of block C,which is dedicated to food processing and manufacturing, and block D, whichwill offer additional space for dry and cold stores.
The Company s Vision is to support all the companies under the umbrella of Foodco Holding through the best corporate governance practice.
The Company s Mission is to provide all Foodco Holding subsidiary companies with the backing required to achieve their core objectives, ensuring they are appropriately resourced and well managed.
The Company is incorporared in January 1, 2007.
The restructuring plans in the first quarter of 2019, resulted in the formation of Foodco National Foodstuff PJSC with the merger of two entities under the group;Abu Dhabi National Foodstuff LLC and Sense Gourmet.
The Company is listed on Abu Dhabi stock exchange in January 13, 2021.