Dubai, July 22, 2010: Agthia Group PJSC, one of the leading FMCG companies in the UAE, announced today it will be entering the processed fresh fruit and vegetable segment. The Abu Dhabi based company, which is listed on the Abu Dhabi Securities exchange, will be setting up a new production facility within its existing Al Ain Vegetable Processing Factory complementing existing activity. Commercial production is expected to commence in Q2, 2011.

Mr. Ilias Assimakopoulos, the CEO of Agthia said, "We have identified the sizeable and margin enhancing processed fresh fruit and vegetable segment as one that has great future growth potential and will provide Agthia the opportunity to service the expanding hospitality and catering industry needs."

Agthia has been aggressively pursuing its expansion and diversification strategy. In 2009 the company, started production and distribution of Capri Sun juice drink, established a tomato paste, frozen vegetable and fruit puree factory in Egypt and earlier this month announced its entry into the frozen baked products segment by setting up production facility in Abu Dhabi.

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About Agthia Group
Agthia Group PJSC is one of the leading FMCG companies in the UAE.  It fully owns and operates four legal entities in various food and beverage segments: Al Ain Mineral Water Company- the UAE's 2nd largest bottled drinking water manufacturer and the local producer and distributor of Capri-Sun juices; Grand Mills for Flour and Feed Company- the pioneer in the manufacture and production of high quality flour and animal feed products; and Al Ain Vegetable Processing and Canning Factory- leading manufacturer and marketer of tomato paste, and a frozen vegetables; and Al Ain Food and Beverages (Egypt) producing and selling tomato paste, frozen vegetable  and fruit puree.

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