M&A Deal Summary

ADQ Acquires Al Nabil Food

On May 6, 2020, ADQ acquired food company Al Nabil Food from The Carlyle Group

Acquisition Highlights
  • This is ADQ’s 1st transaction in the Food sector.
  • This is ADQ’s 1st transaction in Jordan.

M&A Deal Summary

Date 2020-05-06
Target Al Nabil Food
Sector Food
Buyer(s) ADQ
Sellers(s) The Carlyle Group
Deal Type Add-on Acquisition

Target

Al Nabil Food

Amman, Jordan
Al Nabil Food produces over 200 frozen and chilled food products including beef and chicken burgers, chicken strips and nuggets, cold cuts, ethnic foods, pre-cooked meals, and sweets. Al Nabil Food was founded in 1945 and is based in Amman, Jordan.

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Buyer(S) 1

Buyer

ADQ

Abu Dhabi, United Arab Emirates

Category Company
Founded 2018
Sector Business Services
DESCRIPTION

ADQ is a holding company with direct and indirect investments with portfolio of key sectors across Abu Dhabi's economy, including food and agriculture, aviation, financial services, healthcare, industries, logistics, media, real estate, tourism and hospitality, transport and utilities. ADQ was founded in 2018 and is based in Abu Dhabi, UAE.


DEAL STATS #
Overall 1 of 4
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (Jordan) 1 of 1
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 Amoun Pharmaceutical Company

Cairo, Egypt

Amoun Pharmaceutical Company is a developer, manufacturer, marketer, distributer, and export of a wide range of human pharmaceutical and animal health products. Amoun Pharmaceutical Company is based in Cairo, Egypt.

Buy $740M

Seller(S) 1

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 395 of 480
Sector (Food) 8 of 11
Type (Add-on Acquisition) 169 of 197
Country (Jordan) 1 of 1
Year (2020) 14 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-09 Apex Parks Group

Aliso Viejo, California, United States

Apex Parks Group is an entertainment services provider. Apex Parks consists of 14 family entertainment centers include park locations under Boomers!, Malibu Grand Prix, Mountasia, and SpeedZone franchise brands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-08 SeQuent Scientific

Mumbai, India

SeQuent Scientific operates in domains of Animal Health (Alivira) and Analytical Services. SeQuent has eight manufacturing facilities based in India, Spain, Germany, Brazil and Turkey with approvals from global regulatory bodies, including USFDA, EUGMP, WHO, TGA among others. SeQuent Scientific is based in Mumbai, India.

Buy -