ADNH Catering acquires UAE-based school catering business: Abu Dhabi National Hotels’ catering arm, ADNH Catering, acquired 100% of Food Nation Catering Services, a UAE-based chef-driven school catering company, for an undisclosed sum, according to an ADX disclosure (pdf). The transaction, expected to close in 1Q 2025, comes as part of ADNH Catering’s strategy to expand its footprint in the education sector.

What does Food Nation bring to the table? The company serves over 70k students across three emirates, including Abu Dhabi, and employs a team of 300+ professionals with nearly a decade of experience in tailored school catering.

REMEMBER- This marks ADNH Catering’s second acquisition in recent months. In December, the company signed a sales and purchase agreement to boost its stake in its Saudi joint venture with Compass Group, Compass Arabia. Once completed in 1Q 2025, ADNH Catering will hold a controlling stake in the venture alongside Al Rushaid Group.

IN OTHER M&A NEWS-

Edge Group invests in Israeli military supplier: Israel’s Thirdeye Systems sold a 30% stake to UAE state-owned defense giant Edge Group for USD 10 mn, Reuters reports.

Edge will also inject USD 12 mn into a new joint venture with Thirdeye, taking a majority stake. Thirdeye will hold 43%, with an unnamed third party owning the remaining 6%, according to the Israeli firm. Edge’s investment will support Thirdeye Systems in expanding into new markets while also accelerating its development of advanced systems, the statement reads.