Agthia to pursue mergers and acquisitions as it vies to be top regional F&B company by 2025

  • Date: 12-Apr-2021
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
  • Who else needs to know?

Agthia to pursue mergers and acquisitions as it vies to be top regional F&B company by 2025

Abu Dhabi's Agthia will pursue mergers and acquisitions in the Middle East, North Africa and Pakistan, and will focus on improving financial performance and expansion into new product categories, as it aims to become the top regional food and beverage company by 2025.

The company is transforming its operations under its new five-year growth strategy that is built on three strategic pillars: growth, efficiency and developing capability, Agthia said in a statement on Monday. The strategy is designed to extend the groups market leadership and provide significant value for all stakeholders

The Abu Dhabi-based company, which is part of one of the region's