Agthia, the leading Middle East food and drinks firm, has announced that it has acquired a 100% stake in BMB Group for an undisclosed sum. Founded in 2007, BMB Group is described as an innovative healthy snack and food company with a large portfolio of confectionery and other food brands such as Asateer, Al Qamar, Freakin’ Healthy, and Benoit, distributing over 2,000 SKUs across 23 countries. The acquisition of BMB …
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Agthia
UAE-based food and beverages company, Agthia, has acquired a majority stake in Egyptian producer of frozen processed chicken and beef products and owner of the Atyab brand, Ismailia Investments. The acquisition is part of Agthia’s plans to expand its presence in the processed protein sector after the recent acquisition of Nabil Foods. Ismailia Investments has a portfolio of brands such as Atyab, Meatland, Shiketita, and Furat with a processing capacity …
Agthia, the leading Middle East food and drinks firm, has announced that it has acquired a majority stake in Nabil Foods, a regional manufacturer of frozen and chilled protein products that are distributed to more than 20 local and international markets. According to a report in the Khaleej Times, Nabil Foods specialises in manufacturing a range of frozen and chilled meat products, from chicken shawarma sandwiches to kubbeh balls. The acquisition …
Agthia, the leading Middle East food and beverage firm, has unveiled what is said to be the region’s first drinks bottle made from bioplastic. The new Plant Bottle for Agthia’s flagship Al Ain mineral water brand is described as being made from fermented sugars that are converted into a resin called polylactic acid. The pack is claimed to be able to withstand high summer temperatures but also to be fully compostable …
Gama spoke to Tariq Ahmed Al Wahedi, Chief Executive Officer, Agthia Group. What overarching trends do you expect to shape drinks and food innovation in 2020-21? “Consumers no longer accept products as they traditionally did – they want ‘value-added’ products that are convenient, healthier and benefit their lifestyles. Recent industry reports have shown that the increasing rate of obesity, diabetes and cardiovascular disease are pushing consumers worldwide to shift towards …
MANCHESTER – 31st January 2019: Gama, a global provider of business information and services specializing in innovation and international trade, is pleased to announce it has reached an agreement with Agthia Group PJSC, one of the Middle East’s leading food and beverages companies. Under the terms of the agreement, Gama will support Agthia in its innovation activities and wider strategic objectives globally. Commenting on the partnership, Gama Founder & CEO Cesar Pereira …
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