Bahrain’s GFH Financial Group has signed a deal to acquire Gulf Central Company, a Saudi Arabian food services and logistics business, for 500 million riyals ($133m).
The company, which has demonstrated strong financial performance and maintained robust results through multiple business cycles, boasts cross-country state-of-the-art integrated warehousing and supply chain operations, an extensive premium product portfolio, and a diverse base of 1000+ blue-chip customers including renowned HORECA players and retail brands in the kingdom .
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