Gulf Capital acquired majority stake in e-commerce platform Sporter
Abu Dhabi private equity firm Gulf Capital has acquired majority stake in sport-based products and supplements marketplace Sporter.com.
Sporter.com's offering comprises some global nutrition brands and it is benefiting from the general surge of online shopping in the Middle East. (The value of the deal is not disclosed, but it is part of $135 million that Gulf Capital is investing in technology and e-commerce platforms).
Gulf Capital is listed in the Middle East Investors Directory with the code OR26.
More details follows
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