About Urban Foods
Urban Foods is a network of hypermarkets, supermarkets, and convenience stores across the UAE under a variety of retail banners. The company currently operates Géant, Monoprix, and Franprix brands in the UAE. The company is based in Dubai, United Arab Emirates.
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Latest Urban Foods News
Apr 5, 2022
UAE’s GMG acquires Géant from Urban Foods by Dubai Holding GMG has acquired 18 hypermarket and supermarket locations in the UAE plus exclusive rights to expand Géant operations across the Middle East by Gulf Business April 5, 2022 GMG, which has a portfolio of leading international and home-grown brands across sport, food and health sectors, has entered the food retail sector with the acquisition of Géant operations in the UAE and exclusive rights to expand Géant operations in the Middle East. Géant is a part of Groupe Casino, a French retailing giant with a turnover of over EUR35bn. GMG has acquired Géant’s current UAE retail footprint from Urban Foods by Dubai Holding. This will include a total of 18 hypermarket and supermarket locations across the UAE, with the new openings featuring some of Groupe Casino’s other brands such as Franprix and Monoprix. GMG will also have exclusive rights to expand these brands. Mohammad A. Baker, deputy chairman and CEO of GMG, said: “This acquisition is a milestone in our history as we venture into the food retail category. In doing so, we are able to cover the entire consumer journey from food manufacturing and distributing to retail. Moreover, the diverse portfolio of Groupe Casino’s supermarket brands will allow us to cater to all categories of consumers, from the price-conscious to those desiring more premium and specialty products.” Redesigned verticals Last year, GMG announced the redesign of its business into four verticals: GMG Sports, GMG Food, GMG Health and GMG Consumer Goods. The latest acquisition falls under the GMG Consumer Goods vertical, bringing the total workforce to over 700 employees. GMG, which has introduced more than 120 brands into its markets, announced plans last year to double its global workforce by 2025.
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Where is Urban Foods's headquarters?
Urban Foods's headquarters is located at Street 32C, Dubai.
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