BinDawood Holding Company announced on April 7, 2026 the signing of a Share Purchase Agreement to acquire 51% of Vaza Food Company for SAR 217.9 million. Vaza is a Saudi-based food manufacturing, retail and distribution company specializing in premium confectionery, bakery and food segments with brands including "Pocodor" chocolate, "La Bonte" and "Badea" bakery products. The acquisition, subject to regulatory approvals and funded through internal resources and financing facilities, aims to diversify BinDawood's revenue streams and expand its presence in high-value food segments. Vaza demonstrated strong financial growth with revenue increasing from SAR 18.6 million in 2022 to SAR 93.1 million in 2024, while net income grew from SAR 4.1 million to SAR 21.5 million over the same period.

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