UAE private equity firm Gulf Capital and Amwal Al Khaleej exit their investment for $336 million
Gulf Capital and Amwal AlKhaleej, two Middle Eastern alternative investment firms, announced the sale of their portfolio company, Maritime Industrial Services to UK listed firm Lamprell.
The sale of 100% of the company for $336 million caps an almost five year holding period by both firms during which revenues and profits were increased by 203% and 184% respectively.
Gulf Capital and Amwal AlKhaleej are listed in the Middle East Investors Directory with the code OR26 and EM05 respectively.
More details from their release follows
July 18, 2011 | Filed under Amwal Al Khaleej, Dubai Private Equity Firms
Previous Post: Real Estate still popular among UAE investors - Barclays report
Next Post: Qatari Diar purchases marina in North Eastern Spain