Qatar's investment firm acquired %71.3 of a Plastic company
Qatar First Investment Bank (QFIB) has signed an agreement to acquire a %71.3 interest in Emirates National Factory for Plastic Industries (ENPI), a full-service flexible packaging manufacturer, largely through a capital injection. The total amount of the transaction was not disclosed.
Established in 1995, ENPI is one of the MENA region’s leading plastics manufacturers with a diverse customer base of more than 1,400 clients in more than 40 countries, including DHL, Etisalat, and Emirates Airlines.
Qatar First Investment Bank is listed in the Middle East Investors Directory with the code EM19.
Their full press release follows:
January 23, 2010 |
Filed under Middle East Venture Capital, Qatar First Investment Bank, Qatar Investors
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