Deal of dnata represents further expansion into airline catering

Updated 22 May 2012
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Deal of dnata represents further expansion into airline catering

World's largest air services provider dnata has announced that it has acquired a majority stake in En Route International Ltd., a supplier of bakery and packaged food solutions with operations in London, Dubai and the United States.
En Route International has ten years' catering experience in the travel market and has an annual turnover of 12 million pounds. It provides a range of premium quality products and boasts a growing client list, which includes British Airways, Delta and Emirates. En Route also operates key distribution centers at two of the world's busiest airports - London Heathrow in the UK and Hartsfield-Jackson Atlanta International Airport in the US.
This latest deal represents a further investment in the airline-catering sector by dnata, whose recent acquisitions in Alpha Flight Group Ltd. and Wings Inflight Service extended the company's international network to 75 airports in 39 countries.
"En Route is a niche player which offers highly creative and innovative food solutions, supported by robust logistics," said Stewart Angus, divisional SVP, Associated Companies. "It will continue to operate independently under the charismatic leadership of its Managing Director and founder Alison Lessmann. We look forward to developing and growing the business and to expanding its capability elsewhere."
"Becoming part of dnata brings a number of new opportunities to En Route and will undoubtedly enhance our ability to develop and distribute our products to a wider audience," said Lessmann. "That will enable us to both grow the business and provide greater opportunities and a secure future for our employees."

 


Closing Bell: Saudi main index slips to close at 11,228 

Updated 15 February 2026
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Closing Bell: Saudi main index slips to close at 11,228 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, lost 23.17 points, or 0.21 percent, to close at 11,228.64. 

The total trading turnover of the benchmark index was SR2.99 billion ($797 million), as 170 of the stocks advanced and 82 retreated.    

On the other hand, the Kingdom’s parallel market Nomu gained 449.38 points, or 1.90 percent, to close at 24,093.12. This comes as 43 of the stocks advanced while 27 retreated.    

The MSCI Tadawul Index lost 6.07 points, or 0.40 percent, to close at 1,511.36.     

The best-performing stock of the day was Obeikan Glass Co., whose share price surged 7.54 percent to SR27.66.  

Other top performers included Alamar Foods Co., whose share price rose 6.80 percent to SR47.10, as well as Saudi Kayan Petrochemical Co., whose share price climbed 6.79 percent to SR5.66.   

Saudi Investment Bank recorded the steepest drop, falling 3.21 percent to SR13.56. 

Jahez International Co. for Information System Technology also saw its share price fall 3.15 percent to SR13.55. 

Rabigh Refining and Petrochemical Co. declined 2.78 percent to SR7.34. 

On the announcements front, Tanmiah Food Co. reported its annual financial results for the period ending Dec. 31. According to a Tadawul statement, the company recorded a net loss of SR18.8 million, compared with a net profit of SR95.8 million a year earlier. 

The net loss was mainly due to ongoing market challenges that resulted in continued pricing pressures in fresh poultry, inflationary cost pressures, higher financing expenses, and depreciation and ramp-up costs from new facilities, partially offset by increased production volumes and cost-optimization initiatives.  

Tanmiah Food Co. ended the session at SR58.20, up 3.72 percent. 

United International Holding Co., also known as Tas’heel, announced its annual financial results for the period ending Dec. 31. A bourse filing showed the company recorded a net profit of SR273.64 million in 2025, up 23.05 percent from 2024, primarily driven by a 23.4 percent rise in revenues. The revenue growth helped lift gross profit by 23.7 percent. 

Tas’heel ended the session at SR146.80, down 0.28 percent.