Natco (National Trading Company)

Natco (National Trading Company) is a fully owned subsidiary of Hayel Saeed Anam & Co. (HSA Group), the multinational group established in 1938 and operating in more than 40 markets across the Middle East, Africa, Asia and Europe. The company says it was founded in 1982 with a focus on domestic trade in the Republic of Yemen, has its corporate office in Sana'a (Hadda Street), and is led by Managing Director Mr. Nabil Hayel Saeed. The group's Arabic page calls it Natco Holding Company. The company's page on the HSA Yemen website says it has branches in Sana'a, Taiz, Aden, Hodeidah, Mukalla and Seiyun, and the Natco website gives company-wide figures of 35 branches, 2,080 staff, 7 sectors and 58 brands. One of its sectors is Natco Consumables, founded as a division in 1984, which the company describes as one of the biggest Natco companies, committed to providing a wide range of well-known brand products that improve Yemeni consumers' lives. According to the company, the consumables scope covers processed and preserved foods, including canned vegetables, evaporated milk, powdered milk, snacks and chocolates; domestically processed foods covering ghee, vegetable oil, pasta and candies; and commodities with a focus on Indian and Pakistani basmati rice. Brands shown on the sector page include Dole fruit products; Fonterra, the New Zealand dairy co-operative; Luna from National Food Industries Company of Jeddah; the group's own YCGSI, established in 1975 for ghee, vegetable oils, margarine and butter; olive oil from Grupo Hojiblanca; Klassno instant drinks and coffee; olives from Turkey's Dunya Foods; white cheeses from Denmark's Nordex Food; and Mazco. Natco also runs automotive, technology, properties, pharma, power and electronics sectors; this profile covers only its food business. The group says Natco aims to be the preferred trading house in Yemen, committed to quality and innovative products and services available through its showrooms and partner networks, with centralised units at group headquarters and regional offices in Yemen, Egypt and the UAE supporting its companies.