Riyadh – Mubasher: The board of directors of Raydan Food Company has approved the partial acquisition of Aljonah for Desserts and Catering during the meeting of the extraordinary general assembly held on Tuesday, 30 October.

Raydan’s subsidiary, Al-Rawsha International Sweets, will buy 30% of Aljonah, or six branched of Aljonah, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Wednesday.

Raydan did not disclose further details regarding the acquisition’s total cost.