Saudi conglomerate Olayan buys 51 pct stake in Gulf Union Foods Co
date:Jul 14, 2014
, which it acquired in December 2009 through its Food and Beverage Opportunity Fund, the statement said.

OFC manages the Saudi Arabian and Middle Eastern investments of the Olayan Group and has around 40 affiliated businesses, including joint ventures with multinationals such as Coca Cola , Kimberly-Clark and Colgate-Palmolive, according to its website.

Olayan Group is one of the major family-owned conglomerates in Saudi Arabia and one of the largest shareholders in Credit Suisse.
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