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FINANCIAL NEWS
Mezzan to acquire Red Bull distributor in UAE
21 Oct 2013
(MENAFN) Kuwait”s Mezzan Holding Co. is set to acquire Red Bull”s distributor in the UAE, Arabian Business reported.
A statement released by Mezzan and Invest AD said that Mezzan will buy Unitra Mets Group (UMG) from its current owner, Invest AD, but no financial details were released.
Investments in the Gulf Cooperation Council (GCC) consumer sector have been strong which caused an increase in mergers and acquisitions activity. Two years ago, Coca-Cola Co. purchased a USD980 million stake in the beverage company Aujan Industries.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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