Agthia completed the acquisition of Al Faysal Bakery and Sweets.

Agthia, a food and beverages company, completed the acquisition of Al Faysal Bakery and Sweets, an industrial bakery. Financial terms were not disclosed. “Agthia Group is committed to significantly increasing its regional presence through a diversified portfolio that will drive compelling value to shareholders. Acquiring Al Faysal Bakery and Sweets marks a key milestone for Agthia, enabling the Group to accelerate on its roadmap and strengthen its leading role in the FMCG sector," Khalifa Sultan Al Suwaidi, Agthia Group Chairman and Chief Investment Officer.