Deals this week: Agthia Group PJSC, Rupari Food Services
Agthia Group PJSC and Anderson Hay & Grain have agreed to form a joint venture (JV) to distribute forage products in the UAE and Gulf Cooperation Council (GCC).
Based in the UAE, Agthia is a food and beverage company, whereas Anderson Hay & Grain is a US-based hay and straw products provider.
The new JV will import Anderson’s premium forage products from the US, and distribute them in the UAE and the GCC.
Rupari Food Services has reached an agreement to sell its assets to a subsidiary of Carl Buddig and Company for an undisclosed consideration.
The deal is expected to take up to 90 days to close.
Based in the US, Rupari is a barbeque meat manufacturer and distributor.