Beverage Canadian

Canadian multinational grocery and retail company The North West Company has signed an agreement to acquire a majority stake in Roadtown Whole Trading, a grocery store chain retailer, which operates as Riteway Food Markets.

The name of the target company will remain the same following the transaction.

Gulf Capital has taken over Multi Brands for Trading Co by acquiring a full stake in the latter for $100m.

The acquirer is a capital investment firm based in Dubai, whereas the target company is a renowned food and beverage supplier.

Image: Food and Beverage Company Multi Brands for Trading Co Ltd has been acquired byGulf Capital Pvt JSC. Photo: Courtesy of stokpic.com