Tanmiah partners with BIV to pursue US red-meat investments
Collaboration targets sustainable feed and supply-chain resilience
Tanmiah Food Company has signed a memorandum of understanding with Big Idea Ventures (BIV) to support new strategic investments in the United States’ red-meat sector, according to a recent press release. The MoU was signed at the US–Saudi Investment Forum in Washington, D.C., highlighting growing economic cooperation between Saudi Arabia and the United States.
The agreement establishes a framework for joint initiatives that align with Saudi Arabia’s Vision 2030 food-security agenda. The companies plan to identify opportunities to acquire equity stakes in established U.S. red-meat producers, subject to financial, legal and operational due diligence. They will also explore phased upstream investments, including feedlots, breeding herds and related infrastructure, to help build secure and sustainable supply chains for the Kingdom.
Another element of the collaboration focuses on developing an agricultural ecosystem for locally produced alternative feed ingredients. The initiative aims to reduce reliance on imported feedstocks while enhancing resilience and cost efficiency across poultry and dairy production systems.
"Our collaboration with Big Idea Ventures brings global expertise into the Kingdom at a time when demand for sustainable, local solutions is rapidly growing," said Zulfiqar Hamadani, CEO of Tanmiah Food Company. "The partnership will enable access to new sources of capital as well as multiple M&A opportunities in the USA market. Together, we aim to build a stronger red-meat value chain, accelerate sustainable feed alternatives, and unlock long-term investment that supports Tanmiah's strategic goals."
"This agreement reflects our support for Vision 2030's mission to build a more secure, innovative, and self-reliant food ecosystem," added Zein Attar, Managing Director and CHRO at Tanmiah Food Company. "By partnering with Big Idea Ventures, we are creating a platform that blends international best practice with Saudi Arabia's fast-growing agricultural capabilities and wider economy. The MoU will drive scalable sustainable models, mobilize targeted investment, and unlock long-term strategic value for the Kingdom's food system."
"Saudi Arabia is emerging as one of the most dynamic markets for food-tech and sustainable agriculture," said Andrew D. Ive, General Managing Partner of Big Idea Ventures. "This agreement allows us to bring innovation, investment, and global best practice into solutions that strengthen the Kingdom's food-security agenda. We look forward to working with Tanmiah and other strategic partners in Saudi Arabia to develop sustainable feed production and resilient supply chains that support Vision 2030."