ADX-listed Invictus acquires Mozambique’s Merec Industries
The acquisition is set to boost the pair’s consolidated revenues by over AED 1 bn per year
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The acquisition is set to boost the pair’s consolidated revenues by over AED 1 bn per year
The transaction is expected to close by the end of next month
The move falls under the pair’s broader plans to set up a global polyolefin complex
This is ADNH Catering’s second acquisition in recent months
Lunate had previously acquired a 40% stake in Adnoc’s oil pipeline asset network
The transaction is valued at GBP 99.4 mn
This is the second venture into Europe
The agreement will help Virtuzone boost its corporate service offerings and strengthen its presence across the UAE and GCC region
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