NRTC Acquires Al Hashemeya Farms, Expanding into Agro-Innovation

Deal News | Aug 04, 2025 | Zawya

NRTC Acquires Al Hashemeya Farms, Expanding into Agro-Innovation

NRTC Food Holding LLC, a leading distributor of fruits and vegetables in the GCC, has acquired Al Hashemeya Farms located in Egypt's Wadi El Natrun region. This acquisition signifies a crucial strategy for strengthening regional food security by directly controlling agricultural production. Al Hashemeya Farms, spanning approximately 10,000 acres and comprising a diverse range of crops, will enable NRTC to bolster its supply chain resilience and reduce dependence on third-party suppliers. The acquisition marks NRTC's first direct entry into upstream agriculture, allowing it to ensure quality and reliable access to fresh produce. This move aligns with NRTC's ambitions of further agri-investments in Africa, focusing on climate-resilient models. The company, founded in 1973, continues to serve various sectors through its wholesale channels and consumer-facing platforms.

Sectors

  • Agriculture
  • Food Distribution
  • Food Security

Geography

  • United Arab Emirates – NRTC is based in Abu Dhabi, UAE, and is a leader in the distribution of fruits and vegetables in the GCC.
  • Egypt – Al Hashemeya Farms, acquired by NRTC, is located in Egypt's Wadi El Natrun region, marking Egypt as central to this acquisition.

Industry

  • Agriculture – The acquisition of Al Hashemeya Farms by NRTC signifies a major involvement in agriculture, specifically in farming operations for fruits and vegetables.
  • Food Distribution – NRTC's primary business revolves around the distribution of fruits and vegetables across the GCC, impacting food security.
  • Food Security – This acquisition is strategically aligned with increasing food security in the region, reducing dependency on external suppliers.

Financials

  • 10,000 acres – The size of Al Hashemeya Farms acquired by NRTC.
  • 70,000 tonnes annually – The maximum possible yield of the acquired farm.

Participants

NameRoleTypeDescription
NRTC Food Holding LLCAcquirerCompanyA leading distributor of fresh fruits and vegetables in the GCC, focused on regional food security and supply enhancement.
Al Hashemeya FarmsTarget CompanyCompanyOne of the region's largest privately managed farming estates located in Wadi El Natrun, Egypt.
Mohammed Al RefaeeCEO of NRTCPersonThe CEO of NRTC who speaks about the significance of the acquisition.