Middle East investment firm EIP and consortium acquired UAE firm for $17 million
Emerging Investment Partners (EIP), a Middle Eastern investment firm based in Lebanon and a consortium acquired UAE’s Almasa Meat Processing Company for $17 million.
The consortium also includes Siniora Food Industries, a Jordan-listed company. The seller is Al Ghurair Group. Emerging Investment Partners is an investment management firm established in 2014 by the Obegi group and Generation Alfa, together with Wassim Heneine and Karim Burhani.
Emerging Investment Partners EIP is listed in the Middle East Investors Directory with the code MA1604.
More details follows:
June 22, 2016 |
Filed under Middle East Venture Capital
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