Johnson & Johnson Middle East FZ-LLC has announced the establishment of Johnson & Johnson Consumer Saudi Arabia Ltd., a Saudi registered legal entity, resulting from a joint venture between Johnson & Johnson Middle East FZ-LLC and Ahmed Mohammed Abdel Wahab Naghi & Sons (Al Naghi).
Ahmed Khalil, GM, Johnson & Johnson Consumer Saudi Arabia, commented: “We are delighted to announce our new venture with our longstanding strategic partners, Al Naghi. Johnson & Johnson Consumer products have been sold in Saudi Arabia for almost 30 years and this latest development is the natural progression of our operations, and we build on our longstanding history, and our familiarity, knowledge and experience in the market. This venture is a key testament to our commitment to the Kingdom and the great growth potential we believe the Saudi market has for the Johnson & Johnson Consumer business as an important emerging growth market.”
Azmi Jabr, assistant president of Al Naghi, said: “Having worked closely with Johnson & Johnson Middle East over the past 26 years in Saudi Arabia, we are very pleased to be strengthening this strategic relationship further by creating a legal entity. As we create a platform and a framework for cooperation, we hope to continue nurturing the relationship we have with our current customers and consumers and attracting new ones.”
Johnson & Johnson companies have been doing business across the Middle East for the last 30 years, covering 36 countries. The current portfolio of Johnson & Johnson Middle East includes household brands.
Al Naghi has been the exclusive distribution partner for Johnson & Johnson Consumer in Saudi Arabia since 1990.
Johnson & Johnson Consumer Saudi Arabia says it is committed to training and developing Saudi national talent, to support the country’s Vision 2030.
Johnson & Johnson Middle East and Al Naghi form new entity
Johnson & Johnson Middle East and Al Naghi form new entity
