Home » Bahrain Investors »

|| Bahrain private equity firm acquired stake in a food & catering company

growthgate.jpgGrowthGate, a Bahrain registered private equity firm, has reached an agreement to acquire 22% of International Foods, a food and catering services firm in the Middle East.

International Foods is headquartered in Jeddah, Saudi with operations in Saudi, Syria, Egypt and Lebanon. It is a privately held corporation with expected consolidated revenues in 2010, of $81 million and consolidated EBITDA of $10.32 million for the same period. The value of the acquisition was not disclosed.

Growthgate is listed in the Middle East Investors Directory with the code EM10.

Their full press release follows

Previous Post: DubaiBeat.com an official partner of CFO Strategies Mideast Forum
Next Post: Abu Dhabi investment firm to acquire 20% of NYSE-listed AerCap for $380 million

More from Bahrain Investors ...

  Bahrain investment firm Investcorp acquired London Investis Digital

  Bahrain Investcorp acquired German business campus for nearly $100 million

  Bahrain Investcorp announces its first real estate investments in Europe for $45 million

  Bahrain investors acquired Nordic firm ABAX for $210 million

  Bahrain investors acquired stake in Spanish firm Agromillora

  Bahrain investment firm Mumtalakat acquired stake in UK firm Envirogen

  Bahrain investors acquired UK cybersecurity firm Nebulas

  Bahrain investors acquired European cyber security firm Coresec

  Bahrain private equity firm acquired Colorado real estate for $85 million

  Two Bahrain investment firms acquired a network of US schools for $405 million

|| 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.

Copyright 2007-2023 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter

Powered by Insightice