1924 Spinneys first formed in Alexandria, Egypt.
1961 First Cold Store in Dubai / first agencies won (Kraft / Nestle).
1981 Two UAE nationals (including our Chairman Mr. Ali Saeed Albwardy) take 51% stake.
1980’s 49% Ownership changes several times (Steel Bros. British & Commonwealth, Etc.)
1991 One Local Partner passes away, Mr. Ali Albwardy buys his shares and becomes the sole 51% partner.
1992 Inchcape takes over the 49%.
1999 100 % ownership by Mr. Ali Albwardy.
2005 New Al Watania Frozen division commences.
2005 Acquisition of Arabian Oasis Food Co. from Al Shirawi Group.
2006 Nestle business divested and Association with Fonterra commences.
2006 Acquisition of MMI Consumer Business.
2006 Acquisition of OUA in Oman - Formation of Al Seer Oman.
2007 Formation of AOFC / Al Watania / Food Services in Oman.
