Agthia Group to buy Kuwait’s Al Faysal Bakery and Sweets
Agthia Group, the UAE-based food and beverage business, is to acquire a bakery firm in Kuwait as part of expansion…
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Americana backs Adeptio takeover
The board of Americana Group, also known as Kuwait Food Co., has endorsed the offer from its majority shareholder, Adeptio,…
McDonald’s in China, Wendy’s in Brazil, Boston Market in the Middle East – foodservice focus, June 2016
The dealings of US foodservice giants looking to expand in international markets proved an important theme for the foodservice sector in…
Adeptio ‘strikes deal for majority of Americana’
Adeptio, the Gulf investment fund, has secured agreement with the majority investor in Kuwait Food Co. to buy its shares…
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Kuwait Food Co. ‘restarts sale talks’
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Americana ‘scraps stake sale to Adeptio’
Americana, also known as Kuwait Food Co., has reportedly abandoned plans to sell a majority stake to Gulf investment group Adeptio.
Americana posts Q1 profit fall despite sales rise
Profits at Kuwait Food Co. fell in the first quarter of the year despite higher sales.
Americana posts FY profit fall
Kuwait Food Co. saw its profits fall in 2015 despite an increase in sales.