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Emirates Reem Investments Company (ERC) has acquired 100% of Evergreen Plastic Products Manufacturing LLC for AED 44 million ($12 million).
Dubai-based Evergreen started commercial production in 2000 producing water and beverage packaging.
ERC was formerly principally a bottled water and soft drink bottling company named Emirates Refreshments Company, before it rebranded in late 2020, and announced its new focus on sectors such as real estate…