IFFCO Group

IFFCO Group is a privately held fast-moving consumer goods company headquartered in the United Arab Emirates. It was founded in 1975 by Indian entrepreneur Abdul Razak Allana and developed from an initially regional operation into a diversified manufacturer, marketer and distributor of consumer and food-service products. The company is associated with the Allana family and has built a portfolio covering branded foods, agricultural commodities, edible oils and fats, bakery ingredients, culinary products, impulse foods, personal care, home care, packaging and distribution. The group’s branded consumer-goods development accelerated during the 1980s and 1990s. Its portfolio includes products sold under brands such as Noor, London Dairy, Al Baker, Tiffany and Rahma, although its activities also extend beyond consumer brands into ingredients, manufacturing infrastructure and business-to-business services. IFFCO Professional serves the out-of-home and foodservice sector, connecting the group’s manufacturing and ingredient capabilities with restaurants, caterers, hospitality operators and other professional customers. IFFCO’s manufacturing and logistics footprint has expanded alongside its commercial activities. A major food-production complex in Dubai Industrial City was reported in 2006, with production linked to brands including Noor, London Dairy, Al Baker and Tiffany. In 2010, the company opened a large logistics area in Dubai Industrial City to support regional exports. Its later investments and partnerships have included an edible-oil packing plant planned with DP World in the Berbera Economic Zone in Somaliland and THRYVE, a plant-based meat facility opened in Dubai Industrial City in 2023. The company also presents sustainability as a group-wide strategic theme. It publishes environmental, social and governance reporting and has articulated a Sustainability Strategy 2030. Reported initiatives include a carbon-neutral olive oil launched under the Rahma brand, water recovery at the Nabatat facility in Saudi Arabia, and a Noor Oil programme with BEEAH Group to collect used cooking oil for conversion into biodiesel. In 2024, Italy’s export credit agency SACE announced an Islamic financing facility with IFFCO intended to support the Italian food and beverage value chain through its Push Strategy. IFFCO’s business model combines manufacturing, brand ownership, commodity sourcing, sales and distribution, logistics and foodservice. Its geographic base is the UAE, but the group operates across the Middle East and serves additional international markets. The company is unrelated to the Indian Farmers Fertiliser Cooperative, which is also commonly abbreviated as IFFCO. The group’s current status requires verification because reference material reports a proposed entry into provisional liquidation in May 2026 and substantial creditor claims.

IFFCO Group began operations in the United Arab Emirates in 1975 after being founded by Indian entrepreneur Abdul Razak Allana. Under the leadership of the Allana family, the company expanded from a regional food operation into a broader consumer-products and food-industry group. During the 1980s and 1990s, it increased its emphasis on branded products and developed activities across edible oils, bakery, culinary products, impulse foods and related categories. The group’s expansion was supported by investment in manufacturing and logistics. In 2006, Gulf News reported that IFFCO was developing a US$275 million food-production complex in Dubai Industrial City. The facility was associated with products and brands including Noor, London Dairy, Al Baker and Tiffany. In 2010, IFFCO opened a 500,000-square-metre logistics area in Dubai Industrial City, strengthening its ability to distribute products within the region and support exports. Over time, IFFCO developed a multi-business structure rather than operating solely as a packaged-food manufacturer. Its activities came to include agricultural commodities, oils and fats, impulse foods, culinary products, personal care, home care, packaging solutions, sales and distribution, logistics and foodservice. The IFFCO Professional unit addresses professional and out-of-home customers, including foodservice operators and other institutional buyers. The group continued to extend its manufacturing and geographic footprint in the 2020s. In November 2022, IFFCO and DP World agreed to develop a 30,000-square-metre edible-oil packing plant in the Berbera Economic Zone in Somaliland. In March 2023, THRYVE opened in Dubai Industrial City as a plant-based meat facility described in reference material as the first of its kind in the Middle East to operate on a fully plant-based basis. Sustainability became a more visible part of IFFCO’s public strategy. The group has published ESG reports and set out a Sustainability Strategy 2030. Reported initiatives include the launch of a carbon-neutral olive oil under the Rahma brand in 2023. A 2024 Tetra Pak Arabia sustainability report highlighted a water-recovery station at IFFCO’s Nabatat plant in Saudi Arabia, where up to 95% of water used in filling equipment was reportedly reused. In the same year, Noor Oil was reported to be working with BEEAH Group on collecting used cooking oil and converting it into biodiesel. IFFCO also pursued financial and commercial links beyond the Gulf. In June 2024, SACE announced an Islamic facility with IFFCO intended to support the Italian food and beverage value chain under SACE’s Push Strategy. Reference material further states that the company was announced to be entering provisional liquidation on 3 May 2026, with reported debts of approximately US$2 billion, including amounts owed to HSBC. Because this event is future-dated relative to much historical coverage and the available material does not establish its final legal status, the group’s present operating status should be independently verified.

• 2026

  Provisional liquidation reported

  [1]IFFCO Groupen.wikipedia.org

  Reference material reports an announcement that IFFCO was to enter provisional liquidation, with approximately US$2 billion in reported creditor claims. The outcome requires verification.

• 2024

  SACE financing facility announced

  [1]IFFCO Groupen.wikipedia.org

  SACE announced an Islamic facility involving IFFCO to support the Italian food and beverage value chain.

• 2023

  THRYVE plant-based meat facility opens

  [1]IFFCO Groupen.wikipedia.org

  A THRYVE plant-based meat factory opened in Dubai Industrial City.

• 2022

  Berbera edible-oil packing project agreed

  [1]IFFCO Groupen.wikipedia.org

  IFFCO and DP World agreed to develop an edible-oil packing plant in Somaliland’s Berbera Economic Zone.

• 2010

  Dubai logistics area opens

  [1]IFFCO Groupen.wikipedia.org

  IFFCO opened a 500,000-square-metre logistics area in Dubai Industrial City to support regional distribution and exports.

• 2006

  Food-production complex reported in Dubai Industrial City

  [1]IFFCO Groupen.wikipedia.org

  A US$275 million food-production complex was reported for Dubai Industrial City, supporting products associated with brands including Noor, London Dairy, Al Baker and Tiffany.

• 1975

  IFFCO begins operations in the UAE

  [1]IFFCO Groupen.wikipedia.org

  The company was founded by Abdul Razak Allana and began operating in the United Arab Emirates.

A diversified, vertically integrated FMCG and foodservice group serving regional and international markets through branded products, manufacturing, ingredients, distribution and logistics.

• Edible oils

  Noor

  Noor is an IFFCO-associated edible-oil brand serving household and food-preparation markets. The brand is also connected with sustainability activity, including a reported programme with BEEAH Group to collect used cooking oil and process it into biodiesel.

• Ice cream and frozen desserts

  London Dairy

  London Dairy is an IFFCO-associated frozen-dessert brand. It was among the brands linked in reporting to the group’s Dubai Industrial City food-production investment and forms part of IFFCO’s impulse and indulgence-oriented consumer portfolio.

• Bakery products and ingredients

  Al Baker

  Al Baker is associated with IFFCO’s bakery-products and bakery-ingredient activities, serving household and professional food-production uses.

• Impulse foods and confectionery

  Tiffany

  Tiffany is an IFFCO-associated impulse-foods brand. It was named among the brands connected with the group’s Dubai Industrial City food-production complex and represents the group’s presence in snack and convenience-oriented categories.

• Olive oil · 2023

  Rahma

  Rahma is an IFFCO-associated olive-oil brand. Trade reporting in 2023 described the launch of a carbon-neutral olive oil under the brand, linking the product proposition to the group’s broader sustainability strategy.

• Plant-based meat · 2023

  THRYVE

  THRYVE is IFFCO’s plant-based meat venture and manufacturing platform. Its factory opened in Dubai Industrial City in 2023 and was described in reference material as the Middle East’s first fully plant-based meat factory.

• Foodservice

  IFFCO Professional

  IFFCO Professional is the group’s foodservice and out-of-home business. It brings together products, ingredients and support for professional kitchens, hospitality businesses, caterers and other commercial food operators.

• 2024Noor Oil used-cooking-oil recycling programme

  United Arab Emirates

  Noor Oil was reported to be working with BEEAH Group to collect used cooking oil and convert it into biodiesel.

  Outcome. The initiative was presented as a circular-economy and waste-reduction programme. No quantified commercial outcome was provided.

  Source
• 2023Rahma carbon-neutral olive oil

  Middle East

  IFFCO was reported to have launched a carbon-neutral olive oil under its Rahma brand, positioning the product around reduced or offset carbon impact.

  Outcome. The reported launch broadened IFFCO’s sustainability-oriented consumer offering; longer-term commercial results were not provided.

  Source

• 2024

  Use SACE Islamic financing for Italian food-chain activityStrategy

  Background

  IFFCO pursued financing support connected with the Italian food and beverage value chain.

  Action taken

  SACE announced an Islamic facility with IFFCO under its Push Strategy.

  Aftermath

  The facility was intended to support trade and value-chain activity between IFFCO and Italian food and beverage interests. Facility size was not provided.

  Source

• 2023

  Launch THRYVE plant-based meat manufacturingProduct launch

  Background

  IFFCO entered the growing alternative-protein category as part of its broader food-manufacturing diversification.

  Action taken

  THRYVE opened a plant-based meat factory in Dubai Industrial City.

  Aftermath

  The facility gave IFFCO a dedicated platform for plant-based meat production in the Middle East. Subsequent sales or market-share data were not provided.

  Source

• 2022

  Expand edible-oil packing capacity in SomalilandStrategy

  Background

  IFFCO sought to extend its regional manufacturing and distribution footprint and entered an agreement with DP World concerning the Berbera Economic Zone.

  Action taken

  The parties agreed to develop a 30,000-square-metre edible-oil packing plant in Berbera, Somaliland.

  Aftermath

  The agreement represented an expansion of IFFCO’s East African supply-chain presence. The available material does not establish the plant’s completion or operating performance.

  Source

1. 1IFFCO Groupen.wikipedia.org