United Kaipara Dairies inks deal with Qatar Foods & Services

Dubai: United Kaipara Dairies (UNIKAI), an FMCG [fast moving consumer goods] company in the UAE, has signed a memorandum of understanding (MoU) with Qatar Foods & Services, a subdivision of Quality Group International, it said in a statement on Thursday.

Qatar Foods & Services is a supplier of consumer products to wholesalers, retailers and hypermarkets and supermarkets in Qatar. The deal will alow UNIKAI products to be available in the Qatari FMCG market.

The GCC food services market is forecast to grow at a compound annual growth rate (CAGR) of 6.8 per cent to reach $24.5 billion in 2018, UNIKAI said in the statement, citing data from Al Masah Capital.