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Highlights
- ADQ to acquire 50 percent stake in Abu Dhabi-based producer of essential animal feed and food products
- Enhances ADQ's agri-foods sector ecosystem and increases commitment to sustainable and diversified food supply in the UAE
ADQ, one of the region's largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi's non-oil economy, has agreed to acquire a 50 percent stake in Al Dahra Holding Company, a multinational agribusiness leader that specializes in animal feed and essential food commodities.
The acquisition of the stake in Abu Dhabi-based Al Dahra is subject to certain regulatory approvals. Upon closing, it will expand the scope of ADQ's agri-food investments, which also includes Agthia PJSC, Al Foah Company and Silal. Al Dahra specializes in the cultivation, production and trading of animal feed and essential food commodities and end-to-end supply chain management. With a workforce of 5,000 employees, Al Dahra has a presence in over 20 countries and caters to more than 45 commercial markets.
Al Dahra operates a landbank of 350,000 acres of irrigated land with direct access to various rivers such as the Danube, Colorado and Nile rivers, employing the latest irrigation technologies and modern farming machineries. Over the years, the company has made significant investments in logistics, ensuring a strong network of inland transportation and sea freight operations.
Al Dahra owns and operates 15 state-of-the-art forage processing and baling facilities globally, catering for the needs of the dairy and cattle industries. The company also cultivates different types of fresh produce, including a wide range of fruits and vegetables, as well as grains with infrastructure to facilitate grains' trading. Al Dahra operates three rice mills with capacity to supply 500,000 tons annually in India, Pakistan and the UAE; one of these mills is located in Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports and part of ADQ's portfolio. The company also owns shares in three flour mills in Greece and Bulgaria that have the capacity to supply 500,000 tons annually. Additionally, the company has an olive oil production plant in Morocco with an annual production capacity of 10,000 tons, and dairy farms in Serbia and the UAE with 20,000 cows and a production capacity of 80 million liters of milk annually.
About ADQ
Established in 2018, ADQ is an active global sovereign investor with a focus on critical infrastructure and supply chains. As a strategic partner to the Government of Abu Dhabi, ADQ invests in the growth of business platforms anchored in the Emirate that deliver value to local communities and long-term financial returns to its shareholder. ADQ’s expanding portfolio has a total book value of USD 225 billion (as at 30 June 2024) and encompasses companies across numerous core sectors of the economy, including energy and utilities, transport and logistics, food and agriculture, and healthcare and life sciences.
For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on Instagram, LinkedIn, and X.
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