{"id":110436,"date":"2025-12-24T00:00:00","date_gmt":"2025-12-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=110436"},"modified":"2025-12-24T13:07:33","modified_gmt":"2025-12-24T13:07:33","slug":"ihcs-expansion-drive-continues","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/12\/24\/ihcs-expansion-drive-continues\/","title":{"rendered":"IHC\u2019s expansion drive continues"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Abu Dhabi\u2019s International Holding Company (IHC) is widening its r<\/strong><strong>emit in both the fintech and the food sectors<\/strong> with two separate acquisitions. The company yesterday acquired a 70% stake in Dubai-based fintech and platform-as-a-service firm Peko Holdings, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/1151.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>, while the subsidiary of its agriculture and food arm Ghitha snapped up a 70% stake in local fresh food and vegetable producer Taaza Healthy Food Industries as well as its trading arm, Taaza Quality Foodstuff Trading, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/1146.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Peko\u2019s platform<\/strong> <strong>offers payments, payroll, invoicing, corporate cards, compliance, and expense management for SMEs \u2014 a key target market for IHC.<\/strong> The platform operates on a subscription-based revenue model and uses AI to automate routine processes for SMEs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The acquisition is part of IHC\u2019s broader plan of investing in scalable, tech-driven businesses SMEs<\/strong>, with potential for regional and international expansion. The conglomerate recently invested USD 715 mn into its recently acquired digital financing platform <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b5d593f9-0fb3-42fd-a1df-03f1f13e954b\/ihc-injects-usd-715-mn-into-its-digital-financing-platform%253cmark%253e-zelo%253c%2Fmark%253e-to-expand-sme-financing\" style=\"\" rel=\"noopener\">Zelo<\/a> to expand financing services for SMEs, addressing delays the sector faces in accessing funds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Ghitha\u2019s subsidiary NRTC <\/strong><strong>Group\u2019s acquisition of Tazaa expands its footprint in the organic and clean-label food segment<\/strong> and comes as part of a broader consolidation strategy. This is the group\u2019s second acquisition this month, following its takeover of homegrown brand <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f4e299e4-9fe5-40d2-a397-558a2f2b9413\/investcorp-acquires-us-industrial-property-portfolio-%2B%253cmark%253e-nrtc%253c%2Fmark%253e-takes-over-ripe-organic\" style=\"\" rel=\"noopener\">Ripe Organic<\/a>. Other regional moves include its acquisition of Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/87be1354-dcac-407f-9076-59dc88dffe41\/bahrain%25e2%2580%2599s-swf-mumtalakat-acquires-a-stake-in-bluefive-capital.-plus:-ghitha%25e2%2580%2599s%253cmark%253e-nrtc%253c%2Fmark%253e-expands-further-in-egypt\" style=\"\" rel=\"noopener\">Al Hashemeya Farms<\/a>, a 70% cultivated, 10k-feddan farm yielding over 70k tons of crops annually. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ebb2f667-8cc5-4c60-b558-cc84c5152bff\/adnoc-clinches-long-awaited-eu-approval-for-covestro-takeover\" style=\"\" rel=\"noopener\">Last month<\/a>, IHC merged Ghitha Holding into a single entity alongside 2PointZero and Multiply in a bid to create an energy and consumer-focused investment powerhouse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company is targeting scalable SME-focused firms, having recently poured USD 715 mn into digital financing platform Zelo<\/p>\n","protected":false},"author":1,"featured_media":110437,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[7,1467,79,31,1342,60],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-110436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-enterpriseam-uae","tag-financial-services","tag-fintech","tag-international-holding-company","tag-investment","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"ee933d68-0afc-42f6-8814-b16e5e430c94","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/1600.jpg","photo_position":"above","homepage_title":"","full_issue_title":"IHC acquires stake in tech firm Peko, as subsidiary Ghitha broadens reach in the organic food segment","related_issue":[110424],"teaser":"The company is targeting scalable SME-focused firms, having recently poured USD 715 mn into digital financing platform Zelo"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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