date:Apr 18, 2014
UAE-based private investor Abraaj Group has bought a stake in Moroccan confectionery manufacturer Kool Food for an undisclosed sum.
Established in 2010, Kool Food specializes in chocolate confections, powder drinks as well as other sweet and salted food products under its own brand. The company's products are exported to countries in the Maghreb region, including Algeria and Tunisia.
Through its expertise across the MENA region, Abraaj will consolidate Kool Food's presence in Morocco and enhan