SAUDI ARABIA: Law firm King & Spalding has advised Jadwa Investment Company in the latter’s significant equity stake in one of the largest producers of juices and beverages in the country.
The acquisition of Gulf Union Foods Company (GUFC) was made through its Shariah compliant Jadwa Food and Beverage Opportunity Fund.
GUFC manufactures juices, nectars and flavored drinks. Its products are sold in more than 20 countries across different regions, including the MENA region, Canada, the UK and the Indian subcontinent.