On August 18, 2026, BinDawood Holding Company announced the completion of its acquisition of 51% of the shares of Wonder Bakery L.L.C., following the Share Purchase Agreement signed on December 24, 2025. The total acquisition value amounts to AED 114.8 million, with consideration to be paid as agreed in the SPA. The transaction supports the Company's strategic direction to strengthen vertical integration, enhance sourcing, production, and distribution capabilities across its food-related operations, and is aligned with Vision 2030 objectives to bolster local and regional food security. The acquisition is expected to deliver a positive long-term financial impact for the Company and its shareholders.

Original announcement:

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