Page 68 - SGH PR REPORT - JANUARY 2025

1/24/25, 11:49 AM CATRION signs a SAR 114M contract with Saudi German Health
CATRION signs a SAR 114M contract with Saudi German Health

23/01/2025 Argaam

Share

Logo of CATRION Catering Holding Co.

CATRION Catering Holding Co. signed a contract with Middle East Healthcare Co. (Saudi German
Health), where the former will provide the latter with healthy meals, beverages, and other support
services for employees and resident patients.

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

For more news on listed companies

The three-year contract is valued at SAR 114 million, CATRION said, expecting a positive impact to
materialize in Q2 2025, which, in turn, will boost business sustainability through increasing the
company's cash flow and boosting its business.

The deal comes from CATRION's accumulated experience to activate its pioneering role in healthy
meals services to the healthcare sector according to the highest specifications and standards. It is
also part of the company’s efforts to support the sustainability plans and principles on which it works,
and to expand its activities to include healthcare sectors and institutions.

https://www.argaam.com/en/article/articledetail/id/1784551 1/1