INVICTUS Investment to list on ADX growth market

INVICTUS Investment to list on ADX growth market

- The listing is on ADX Growth Market on June 29, 2022

Abu Dhabi, UAE: Invictus Investment, a subsidiary of Invictus Holding Limited and an affiliate of DAL Group, a Sudanese conglomerate and the largest private group in Sudan with an international business presence across Africa, the Middle East, and Asia, will list on the Abu Dhabi Securities Exchange (ADX) Growth Market on June 29, 2022, offering investors opportunity to invest in a fast growing and scalable agro-food and finished goods trading business.

Invictus Investment (Invictus) owns 100% shareholding in Invictus Trading FZE, which recorded total sales of over AED 2.9 Billion for the full year ended December 31, 2021, and over AED 1.75 Billion for the 3-month period ended March 31, 2022. It has leveraged its core competency in wheat trading to diversify into complementary grains, as well as cotton, groundnuts, meat, and a variety of other commodities and finished goods. Owing to a diverse sourcing network, Invictus has been able to expand its sourcing strategy upstream including to smallholder farmers across diverse geographies and now delivers both commodities and finished goods to clients, with a focus across Africa, the Middle East, and Asia.

Osama Daoud Abdellatif, Chairman of DAL Group, said: