Today's Edition
ABU DHABI (ALETIHAD)
ADNH Catering, an Abu Dhabi Securities Exchange-listed company, has taken management control of its joint venture Compass Arabia after completing the acquisition of a 50% stake in the Saudi Arabia-based company.
The transaction marks a major milestone in ADNH Catering’s regional growth strategy. With the step-up acquisition, Compass Arabia’s performance will now be consolidated into ADNH Catering’s financial results from August 2025.
Compass Arabia, which has built a strong track record in Saudi Arabia over the past twelve years, will be rebranded and integrated into ADNH Catering’s operational and growth strategies in the Kingdom. The company provides catering and support services to a broad range of clients in the Saudi market.
Clive Cowley, Chief Executive Officer of ADNH Catering, described the acquisition as a significant step forward. “The step-up acquisition and takeover of management of Compass Arabia Limited marks a strategic milestone in pursuing our Group’s growth strategy in the Kingdom of Saudi Arabia and the wider GCC region,” he said.
The move follows ADNH Catering’s recent acquisition of Food Nation Catering, a leading player in the UAE education sector. Together, the acquisitions reflect the Group’s commitment to expanding its footprint in both domestic and regional markets through strategic growth and consolidation.
