- Unique investment in a leading global player in fresh fruit and vegetables production, sourcing, trade and distribution
- Strategic investment will accelerate Unifrutti’s global growth strategy
ADQ, an Abu Dhabi-based investment and holding company, today announced it has entered an agreement to acquire a majority equity stake in Unifrutti Group (“Unifrutti”), a leading global producer and distributor of high-quality fresh produce, from existing shareholders.
Unifrutti is a global champion in the production, trade and distribution of more than 100 varieties of fresh produce including apples, bananas, cherries, grapes and citrus fruits. With approximately 560,000 tons of fresh fruit sold annually and more than 14,000 hectares of farms across four continents, the group operateswith full integration along the value chain, serving more than 500 customers in 50 countries.
The proposed investment in Unifrutti will build on ADQ’s food and agriculture portfolio. Its portfolio includes investments in Louis Dreyfus Company (LDC), one of the world’s largest vertically integrated food, feed, fibres and ingredients companies; Silal, Abu Dhabi’s leading fresh produce and agri-tech company; Al Dahra Holding, an Abu Dhabi-based global leader in forage and other agribusiness sectors; and Agthia Group, one of the region’s leading food and beverage groups.
Completion of the transaction is subject to customary closing conditions, including regulatory approvals.
Discover key insights into the investments, opportunities and enablers for developing a robust, regional food system in the ADQ FWD paper, 'Cultivating the Future of Food, Bolstering Food Resilience’, available at: https://adq.ae/food-and-agriculture
Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.
For more information, visit adq.ae or write to firstname.lastname@example.org. You can also follow ADQ on Twitter, Instagram and LinkedIn.
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