Al Watania, the Saudi Arabia-based poultry group, has reportedly appointed advisers to work on a potential sale of the business.
According to Bloomberg, the company has hired BSF Capital to weigh up a potential deal.
Al Watania produces over a million birds and 1.5 million eggs a day, according to its website.
The group, which employs more than 7,500 staff, was set up in 1977 by Sheikh Suleiman Al Rajhi.
According to a statement hosted on regional media service Zawya last month, Al Watania accounts for 30% of the supply of poultry in Saudi Arabia.
Nine years ago, Reuters reported Al Watania was looking at plans to list on the Saudi stock exchange.
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By GlobalData
Rival processor Tanmiah Food Company announced today it had acquired a poultry processing facility from Dajin Poultry Company.
The publicly listed Tanmiah struck the deal through its Agricultural Development Company (ADC) subsidiary.
ADC markets poultry products within the six-member Gulf Cooperation Council, which includes Saudi Arabia, under the Tanmiah brand name.
Last month, Brazil-based meat giant BRF signed a binding agreement to acquire a 26% stake in Saudi Arabia-based Addoha Poultry Co.
