Jadwa Investment buys stake in Gulf Union Foods Company

Saudi-based Jadwa Investment has announced it has completed the acquisition of a substantial equity stake in Gulf Union Foods Company (GUFC). The acquisition was carried out through Jadwa Food and Beverage Opportunity Fund. GUFC manufactures juices, nectars and flavoured drinks, with its products sold in more than 20 countries across different regions, including the GCC, Levant, North Africa, Canada, UK, Indian Subcontinent and other countries.