Business

KIT and Garra to join forces

KIT and Garra to join forces

By Aidan Fortune

Meat processing businesses KIT International and Garra International are to create a joint venture with a combined turnover in excess of US$220m.

Al Ain Farms was the first dairy to be established in the United Arab Emirates.

A tale of two desert dairies

By Richard Whitehead

Abu Dhabi’s Al Ain Farms and Dubai’s Al Rawabi have evolved differently over the last four decades to become regional majors.

The Almarai plant at Al Kharj.

Almarai gets $100m EBRD loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) has given a $100m loan to Saudi Arabian dairy company Almarai.

Bellamy’s will become an indirectly wholly-owned subsidiary of Mengniu after the proposed acquisition.

Mengniu looks to buy Bellamy’s

By Jim Cornall

China Mengniu Dairy’s board has entered into a Scheme Implementation Deed with Australian infant formula maker Bellamy’s.

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