Almarai has entered into an agreement to acquire full ownership of Pure Beverages Industry, a prominent Saudi bottled water producer, for SAR 1.04 billion, according to company statements. This move aims to strengthen Almarai’s presence in the beverage sector by adding well-known premium brands such as “Ival” and “Oska” to its lineup.
The acquisition will be financed through Almarai’s internal resources and will proceed once regulatory approvals and standard conditions in Saudi Arabia are met. Pure Beverages is recognized for its advanced production facilities and commitment to international quality and sustainability standards.
As the largest food and beverage manufacturer in the Middle East and the world’s top vertically integrated dairy company, Almarai expects this deal to enhance shareholder value and optimize its supply chain for bottled water.
According to industry data cited by Almarai, the Saudi bottled water market was valued at about USD 2.6 billion in 2024 and is projected to double by 2033, with an expected annual growth rate of 8.1%. This expansion is fueled by greater health awareness, higher incomes, and a preference for premium hydration options.
The acquisition is set to expand Almarai’s distribution network across Saudi Arabia and the GCC, prompting logistics providers to improve warehousing and transportation to meet rising demand for bottled water.