Concentrating on farming and first-party commodity sales positions the company more closely within this framework, reducing exposure to volatile trading markets.
This deal underscores Saudi firms’ surge in cross-border M&A, with BinDawood joining peers like Savola in UAE expansions.
The agreement represents a significant milestone in Kerry’s continued growth across the Middle East and underscores the company’s commitment to driving food and beverage innovation in one of the world’s most dynamic markets.
The outlet will serve seasonal specials and vegetarian options, catering to the diverse tastes of Abu Dhabi’s cosmopolitan community.
The UAE expansion represents a significant milestone for the brand, which has until now operated exclusively in Australia.