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Announced

Completed

Agthia completed the acquisition of BMB Group.

Synopsis

Agthia, a food and beverage company, completed the acquisition of BMB Group, a producer of confectionery products. Financial terms were not disclosed. “This transaction supports our 2025 growth strategy focused on the acquisition, integration and scaling of new businesses in value-add categories. The acquisition of BMB will create immediate value accretion for our shareholders, with significant growth prospects across Agthia’s product portfolio, geographical footprint, human capital and R&D capabilities," Khalifa Sultan Al Suwaidi, Agthia Chairman.

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