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
Previous Post: PepsiCo Joint Venture Acquires Egyptian Dairy and Juice Company
Next Post: Kuwait Investors in a Chicago real estate deal worth $242 million