Abu Dhabi food giant Agthia Group scores big on H1-2021 revenues with Dh1.32b
Agthia's net profit too sees sharp gain, with recent acquisitions playing a part
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Agthia's net profit too sees sharp gain, with recent acquisitions playing a part
Agthia wants to acquire companies that are market leaders in their categories
Agthia wants to acquire market category leaders, rates Pakistan as priority market
The company is looking to scale up its operations in several existing markets such as Oman, KSA, Jordan, and Egypt
3 Min Read DUBAI (Reuters) - Emirati food and drinks group Agthia announced on Monday plans to become an industry leader in the Middle East and North Africa by 2025 through tighter efficiency and possibly further acquisitions, after a blitz of recent deals. The company has identified Egypt and Saudi Arabia, along with Kuwait, Oman and Turkey, as key markets in which it is seeking to expand further, Chief Executive Alan Smith told Reuters in a phone interview. “Those markets will be our priorities. Anything beyond that would really depend on how exciting the proposition is, whether there’s...