Abu Dhabi's ADQ Eyes Bid for Polish Poultry Firm Cedrob.

Abu Dhabi wealth fund ADQ is considering a bid for Cedrob Group, Poland's largest poultry and meat producer, in an effort to enhance food security in the Persian Gulf. Cedrob is reportedly seeking a valuation of around $2 billion. ADQ, one of Abu Dhabi's sovereign wealth funds, is responsible for safeguarding food security in the United Arab Emirates and has previously invested in agricultural and retail companies. Cedrob, founded in the 1990s, reported net income of $103.5 million in 2022 and has over 6,300 employees. [Extracted from the article]

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