Invictus Investment to list on ADX Growth Market with $817m valuation – The National

Invictus Investment to list on ADX Growth Market with $817m valuation – The National

Dubai-based Invictus Investment, a subsidiary of Invictus Holding and an affiliate of Sudan-based manufacturing conglomerate DAL Group, will list on the Abu Dhabi Securities Exchange Growth Market on June 29 with Dh3 billion ($817 million) valuation.

The move will offer investors the opportunity to invest in a fast-growing and scalable agro-food and finished goods trading business, the company said on Tuesday.

Established in 2014 through its subsidiary Invictus Trading, Invictus started with trading wheat in the Middle East and North Africa region. The company has since diversified into complementary grains, cotton, groundnuts, meat, and various other commodities and finished goods.