Home » Dubai Investors »


|| UAE investor to buy a French fashion house

ajman-investor-france.jpgFalic Group, US owner of the French fashion house Christian Lacroix has concluded a deal to sell it to a sheikh of Ajman of UAE.

Sheikh Hassan Ben Ali al-Naimi, a nephew and business associate of the Emir of the smallest of the seven emirates, was due to put in an offer which is "entirely satisfactory" according to AFP. The US Group had bought the fashion house from LVMH in 2005.

Al-Nuaimi's offer envisaged $100 million capital injection into the Christian Lacroix company and keeping all employees, Thomson Reuters is reporting



Previous Post: GrowthGate acquired 30% of an animation firm
Next Post: DubaiBeat.com an official media partner of Super Return Summit

More from Dubai Investors ...


  Dubai firm DP World acquires $50 million stake in Virgin Hyperloop (September 2018)

  Dubai firm acquired Denmark logistics company for $762 million (August 2018)

  Dubai investors of ICD acquired 25% of Italian firm CAI (July 2018)

  Middle East investors acquired stake in online firm Bloovo.com for $3 million (June 2017)

  Dubai investors of GII acquired stake in Canadian firm Nymi for $15 million (May 2017)

  Dubai firm acquired 51% of fashion website Namshi for $151 million (May 2017)

  Middle East investors acquired Amazon's largest UK distribution warehouse for $76 million (April 2017)

  Dubai private equity firm invested $50 million in South American home designer (March 2017)

  Dubai deVere Group acquires private bank in the Caribbean (February 2017)

  Dubai investment firm acquired California shopping center Poinsettia Plaza (February 2017)




|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe















Copyright 2007-2019 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter