Move expected to triple customer base and strengthen Agthia’s operations with 3 bottling facilities and a fleet of 160 delivery trucks
Agthia Group
Latest in Agthia Group
Agthia Group
Abu Dhabi-listed Agthia acquires UAE desalination firm Riviere
The acquisition will help Agthia to triple its household customer base and expand its network in the water and food segment
acquisition
Agthia increases its stake in Egyptian healthy snacks company to 80%
Abu Auf has opened more than 100 stores and increased EBITDA by over 70% in AED terms over the past two years
Agthia Group
Agthia reports 24% surge in net profit in 9-months of 2024
The Group also posted a 10.3% rise in net revenue to AED 3.6 billion during the period
Agthia Group
Agthia reports 31.8% jump in H1 2024 net profit to AED 190mn
The group’s revenue for the period rose by 14.7%
Abu Dhabi
Abu Dhabi’s Agthia launches protein manufacturing facility in Jeddah
Built with an investment of $24.5 million, the state-of-the-art 9,000sqm meat processing unit has an annual capacity of 9,000 tons
Agthia Group
Agthia increases its stake in Egypt’s Auf Group to 70%
The Abu Dhabi-based company will significantly enhance its footprint in the attractive Egyptian snacking market
Agthia Group
Agthia, Microsoft join forces to revolutionise food industry
The MoU offers scope to revolutionise everything from customer service to production, procurement, and employee engagement
Abu Dhabi
Abu Dhabi’s Agthia Group launches $54.5 million venture capital fund
Agthia Ventures is co-funded by Agthia Group and ADQ and will be operated alongside US-based Touchdown Ventures
Agthia Group
Al Ain Water launches UAE’s first locally produced 100% rPET bottle
The rPET bottle is made of post-consumer recycled plastic; It is infinitely recyclable and generates 75% less CO2 emissions
Abu Dhabi
Abu Dhabi f&b major Agthia reports 14% jump in net profit to AED247mn in 2022
The Group’s net revenue in the year also increased 33 percent y-o-y to AED 4.07 billion
acquisitions
Recent acquisitions help Abu Dhabi food giant Agthia post impressive Q3 numbers
The region’s leading F&B company’s net revenue grow 20 percent to $259.7 million and net profit improves to $11.03 million despite challenging conditions
Abu Dhabi
Abu Dhabi-based Agthia Group launches a globally first b2b e-commerce platform for dates
The platform is a joint initiative of Agthia subsidiary Al Foah and the Abu Dhabi Agriculture and Food Safety Authority
Abu Dhabi
Abu Dhabi food giant Agthia sets half-yearly dividend at $17.8 million
The announcement comes on the back of a strong financial performance by the company in the Jan-June 2022 period, posting a 51 percent jump in its revenues to reach AED2 billion
Abu Dhabi
UAE food giant Agthia spent $626.2 million in acquisitions last year: CEO
The company has been staging acquisitions across the region as it aims to solidify it market leadership – particularly in the massive economies of Egypt and Saudi Arabia
Abu Dhabi
Abu Dhabi food giant Agthia’s half-year revenues jumps 51 percent to $544.5 million
The Groups net profit for the period grew to AED 118 million, a 74 percent increase compared to H1 2021
acquisition
Abu Dhabi’s Agthia acquires 60 percent stake in Egypt-based snack firm Auf
The acquisition reflects Agthia’s plans to strengthen its portfolio and diversification into branded consumer goods