International Holding Co, an Abu Dhabi-based conglomerate,
owns a 41 percent stake in Nassar Al Refaee Trading Company (NRTC), founded in
1973. The company recently acquired a farm, although the purchase price remains
undisclosed.
International Holding Co's Strategic Stake in NRTC
International Holding Co, a large conglomerate based in Abu
Dhabi, holds a significant 41 percent stake in NRTC, originally established as
Nassar Al Refaee Trading Company in 1973. This stake positions the conglomerate
as a major shareholder in the trading company, reflecting its long-standing
involvement in the business landscape.
According to sources, this trading company, NRTC, has
recently expanded operations through the acquisition of a farm. The farm
purchase represents an important diversification of NRTC's portfolio, linking
its trading business to agricultural investments. However, the specifics of
this acquisition, particularly the purchase price, have not been made public.
Historical Context and Background of NRTC
Founded in 1973, Nassar Al Refaee Trading Company has built
a reputation over decades as a key player in its sector. The company's
ownership structure includes International Holding Co as a significant
shareholder, highlighting the conglomerate’s targeted investment strategy in
trading and agriculture.
This connection illustrates a common trend among
conglomerates such as International Holding Co to invest in diversified
sectors, enhancing their business resilience and market influence.
Details on the Farm Acquisition
As reported by multiple sources, the exact sum for which
NRTC procured the farm remains undisclosed, leaving a gap in the financial
transparency surrounding the deal. This lack of detail is notable given the
significance of the transaction within the conglomerate’s investment portfolio.
The farm acquisition underlines the expanding footprint of
International Holding Co and its affiliates beyond traditional trading
activities, potentially seeking to capitalise on agricultural opportunities in
the region.
Implications for International Holding Co and Regional
Markets
By holding a sizeable share in NRTC and facilitating such
acquisitions, International Holding Co reinforces its strategic position in the
Abu Dhabi and broader regional economic landscape. These investments are likely
designed to secure diversified income streams and to leverage synergies between
trading and agricultural sectors.
The undisclosed cost of the farm purchase might reflect a
strategic decision to maintain confidentiality over business dealings, which is
common in large conglomerate operations in this region.
Strategic Moves Without Full Disclosure
International Holding Co’s 41 percent stake in NRTC—a
company with roots dating back to the early 1970s—combined with NRTC’s recent
farm acquisition, signals a deliberate move to expand the conglomerate’s
agricultural interests. Despite the absence of public details on the purchase
price, these developments illustrate the ongoing evolution and diversification
of International Holding Co’s portfolio.
This news provides valuable insight into the financial
strategies and business activities of major conglomerates in Abu Dhabi,
reflecting broader economic trends in the region.
