Khaleej Times

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.

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