Jadwa Investment Saudi acquired stake in a beverage company

Jadwa Investment, an investment firm based in Saudi Arabia, has completed its acquisition of an equity stake in the beverage company Gulf Union Foods Company (GUFC).

The acquisition is done through Jadwa Food and Beverage Opportunity Fund.

GUFC is a juice and beverage manufacturing company in the Kingdom. The company manufactures juices, nectars and flavored drinks, with its products sold in more than 20 countries across different regions, including Saudi Arabia, GCC, Levant, North Africa, Canada, UK, Indian Subcontinent and other countries. It currently has 550 staff and brands like Original, Maaza, Captain and Qobtan. (To see more Saudi investors like Jadwa check our investors directory)

Their full press release follows