The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the acquisition of the share capital of Unifrutti Investments Limited by Abu Dhabi Developmental Holding Company PJSC, via Urusbid Restricted Limited.
Abu Dhabi Developmental Holding Company PJSC is a duly registered company under the laws of the United Arab Emirates and is wholly owned and controlled by the Government of Abu Dhabi where, according to its founding document, it is mandated to own, supervise and operates state-owned enterprises related to development in various sectors such as transport, healthcare, utilities, media and others.
Urusbid Restricted Limited is a duly registered company under the laws of the United Arab Emirates. Is a special purpose vehicle and does not conduct any commercial activity ex ante to this transaction.
Unifrutti Investments Limited, is a company duly registered under the laws of the Republic of Cyprus and is active in the production and distribution of fresh fruit, with activities that cover the entire value chain, such as supply, production, packaging, storage and marketing and transport (logistics).