CATRION pens SAR 114M meals supply deal with Saudi German Health

23/01/2025 Argaam
Logo ofCATRION Catering Holding Co.

Logo of CATRION Catering Holding Co.


CATRION Catering Holding Co. signed today, Jan. 23, a three-year contract worth SAR 114 million with (Saudi German Health), to supply the latter's employees and resident patients with healthy meals, beverages, and other support services.

 

This will be through CATRION's branches in Jeddah, Riyadh, Dammam, Hail, Aseer, Makkah, and Madinah, according to a Tadawul statement.

 

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The contract is expected to have a positive impact on CATRION's Q2 2025 results, which will in turn boost its business sustainability through boosting cash flows and diversifying the sources of cash.

 

The deal does not have any related parties, the company noted.

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