From Yahoo Finance: 2025-04-01 06:10:00

Agthia Group acquires UAE-based Riviere Mineral Water Desalination & Filling Factory, expanding its market reach and operational capabilities. The acquisition triples Agthia’s household customer base and is expected to boost the Water and Food division’s revenue by approximately 6.5%. Riviere, founded in 2003, operates three bottling plants in Abu Dhabi and Dubai and serves office customers. Agthia CEO Alan Smith sees strong growth potential in the mainstream segment, enhancing customer offerings and driving operational efficiencies. The acquisition is projected to provide immediate short- and long-term value through cost synergies and shared capabilities.

Read more: Agthia acquires UAE water business Riviere