TAG to invest in GCC food and beverage firms

TAG Food Management LLC (TAG) has announced it will invest directly in high-growth companies and start-ups in the food and beverage sector in the GCC.

The move reinforces the government policy of underscoring food security. In addition, it hopes to address the challenge of undersupply in the region. At present, the GCC is the largest importer of food worldwide, with more than 85% of local needs sourced outside the region.  

A specialist food and beverage manager, TAG boasts a highly experienced management team with local and international experience. It is equipped to provide a full range of management services. In identifying and executing deals, the project will tap into operational experience and sector knowledge in food and beverage.

TAG will manage Tharwat Al Ghitha Holding Company, an investment company in the Kingdom of Saudi Arabia. In addition to experience in the food and beverage segment, this project will leverage the operational and commercial expertise of Farrelly & Mitchell and Ebanah Financial. The first is an international food and beverage specialist with an office in Riyadh, whilst Ebanah Financial is a Riyadh-based CMA-registered investment firm with a proven investment track record.