Horizon Food signs with Ertagh on June 24, 2026, targeting Q3 2026 revenue lift

Horizon Food Company just locked in a supply relationship with Ertagh, and the filing is explicit about what decision-makers should care about: timing, scale, and revenue relevance. The agreement was signed on 24 June 2026 and is designed to expand distribution of Horizon Food’s processed products across Saudi Arabia, with a projected financial impact starting in Q3 2026, according to a bourse filing.

The bigger stake is the revenue math Horizon Food attached to the contract. The company expects the deal could represent a significant portion of its annual revenue, potentially exceeding 5% of its total earnings for the 2025 fiscal year. Horizon Food also clarifies that the contract’s total value is variable because it depends on supply volumes and fluctuating order sizes, which is a standard reality in food trading but still matters for forecasting and board oversight.

So what exactly did Horizon Food agree to supply, and how does Ertagh change the distribution equation? Under the terms of the agreement, Horizon Food will supply a diverse range of food products manufactured at its facilities, with a specific focus on its “Iskander” brand of pre-cooked shawarma. Ertagh, described in the filing as a leading entity in the regional food and logistics sector, brings the distribution network the partnership is built to leverage. The intent is straightforward: use Ertagh’s reach to place Horizon Food’s ready-to-eat products into commercial centers and retail outlets across the Kingdom of Saudi Arabia.

This is a classic supply-and-scale move, but the filing adds operational signals that the deal is not just paperwork. Horizon Food confirmed that Ertagh has already commenced the preliminary supply and provision of the cooked “Iskander” shawarma products in several commercial hubs across Saudi Arabia. For management teams, that detail is important because it ties the announced contract to an early execution phase, reducing the risk that the agreement remains theoretical while waiting for ramp-up.

The signing itself also points to who is accountable internally and externally. The agreement was officially signed by Khadem Hussain Sarwar, CEO of Horizon Food, and Abdullah Mohammed Sankar, representing Ertagh. Beyond the names, what matters is the governance structure implied by the signing and the transparency disclosures. In compliance with regulatory transparency requirements, Horizon Food stated that there are no related parties involved in this transaction. That reduces one common board-level concern in deals like this: whether any connected parties are quietly shaping economics or scope.

Timing and contract mechanics round out the story. The agreement has an initial duration of two years and includes a clause for automatic renewal, provided that neither party expresses a desire to terminate the agreement within the specified notice period. From an execution standpoint, a two-year base with auto-renewal can be a stabilizer for planning supply schedules, logistics capacity, and market rollout, especially when the contract is tied to supply volumes rather than a fixed shipment amount.

Why does this matter beyond Horizon Food’s own numbers? Because supply agreements like this are how food companies try to convert consumer demand for ready-to-eat products into predictable distribution muscle. If Horizon Food’s processed portfolio, anchored by “Iskander” pre-cooked shawarma, gains faster access to retail and commercial centers through Ertagh’s network, peers should take note of the playbook: bind with a logistics and trading partner, attach revenue expectations early, and manage variability through volume-based value terms. The board-level question is not whether a deal exists. It’s whether the ramp is real, the forecasts stay credible, and the distribution advantage compounds through the contract window.

For executives watching the food sector in Saudi Arabia, this filing offers a clean template of what to scrutinize in similar agreements: the signature date (24 June 2026), the expected financial start point (Q3 2026), the potential revenue contribution benchmark (potentially exceeding 5% of 2025 fiscal year total earnings), the variable value mechanics tied to volumes and order sizes, and the execution signal that preliminary supply is already underway in multiple hubs. In other words, Horizon Food didn’t just announce a partnership. It disclosed the levers investors and boards will use to judge whether that partnership becomes a real earnings driver or stays a distribution aspiration.