Nofoth Food Products to Buy 65% Stake in Plenty Food Co.

02:08 AM EDT, 08/19/2026 (MT Newswires) -- Nofoth Food Products (SASE:2288) agreed to buy a 65% stake in Plenty Food Co. for a total potential consideration of 52.7 million Saudi riyals. The deal also contains an additional contingent consideration of 3.3 million riyals subject to certain financial targets, according to a Wednesday release from the food and bakery company.