Published 01 Sep,2021 via Arab News - Economy - Food and beverage company Agthia has made another foray into the healthy snack market through the acquisition of UAE-based BMB Group.
Launched in 2007, BMB has a large portfolio of confectionery and healthy food brands – including Asateer, Al Qamar, Freakin’ Healthy and Benoit – and distributes its products in more than 23 countries worldwide, including the UAE, Saudi Arabia, and USA.
Agthia's purchase of the company comes in the same year as it brought date company Al Foah as part of its expansion into a healthy snack market forecast to reach SR367.58 billion ($98 billion) a year by 2025.
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Arab News