MBG International invests 2.4 Mio EUR in Dubai
The beverage group MBG International Premium Brands has invested 2.4 Mio euros in its subsidiary MBG Middle East based in Dubai in order to support the regional market launch of the three alcohol-free beverages Goldberg & Sons, Feel Good and Acqua Morelli. From Dubai, MBG Middle East has been organizing the export of its beverages to the Middle East and Africa since 2008.
"Dubai is an economic hub, not only for the Middle East and Africa, but for the whole global export. A strong presence in this mega-city is a significant advantage in terms of business," says CEO Andreas W. Herb. "We plan to further increase our aggressive growth of recent years. It is important to invest into the team and the infrastructure now, to keep up with our rapid development."
Source
BRAUWELT International 2014