AFRICA'S NO.1 FOOD, BEVERAGE & MILLING INDUSTRY MAGAZINE

UAE food firm Agthia to become a major force in MENA following merger with Al Foah

Jan 13, 2021Jan 13, 2021 Editor

UAE – Agthia Group, the UAE-based food and beverages major, has announced the successful completion of its merger with Al Foah, the world’s largest date processing and packaging company. The merger with Abu Dhabi-based Al Foah has catapulted Agthia into becoming a domestic market leader in four essential food and beverage categories namely; water, dates, flour, and animal feed, it said in a statement. As a more robust, diversified, and consumer-centric food and beverage player, Agthia added that it will have an “even stronger platform” to compete across the MENA…

UAE’s food manufacturing giant IFFCO to build major global manufacturing base after acquiring India’s 3 F Fuji Foods

Jan 13, 2021Jan 13, 2021 Editor

INDIA – IFFCO, the UAE-based mass manufacturer of food products, has announced plans to build a major global manufacturing base to service customers across various markets. The move is part of the FMCG major’s new initiative to achieve more flexibility in meeting its customers’ needs. It also follows a recent acquisition of 3 F Fuji Foods- a joint venture of Fuji Oil Group of Japan and the South India-based 3 F Industries which specialises in manufacturing and distribution of a range of cream products across India. IFFCO, whose brands such…