Agthia acquires Saudi business
Agthia Group will acquire the water business of Jeddahbased Delta Marketing Company.
The transaction is expected to be completed by the first quarter of 2017 following regulatory approvals and other closing conditions.
The acquisition enables Agthia to enter the Saudi market for the first time with its Al Ain water brand, reflecting the Group’s strategy to expand in the GCC and become a region-wide player.