Halwani plans to sell production lines, cooling units through sealed-bids

Halwani Bros Company, a producer of food products in Saudi Arabia and the Middle East, said on Tuesday that it plans to sell some of its production lines and cooling units through a sealed-bid auction.

The company said it decided to get rid of some of its old production lines after opening its new plant based in Jeddah’s industrial city.

Halwani has already invited interested buyers to tender their offers.

Last February, the Saudi-based food producer launched the trial run of phase II of its industrial complex. It expects all lines to go on stream by the second half this year.