Home » Bahrain Investors »


|| Bahrain investors acquired Nordic firm ABAX for $210 million

bahrain investors norwayBahrain investment firm Investcorp has acquired ABAX, a vehicle tracking systems technology firm based in Norway, for $210 million.

Founded in 2003, ABAX is headquartered in Norway with 350 employees. It develops telematics solutions for commercial and private vehicles and sells products for fleet management and GPS tracking. Their other offices are in Sweden, Finland, Denmark, Holland, Poland, China and the UK. (This is Investcorp third investment in the technology sector in the last 6 months. It had invested in the fleet telematics sector before by investing in SageQuest and Fleetmatics, which eventually merged and listed on NYSE).

Investcorp is listed in the Middle East Investors Directory with the code OR30.

More details follows:



Previous Post: Dubai investors of GII acquired stake in Canadian firm Nymi for $15 million
Next Post: Middle East investors acquired stake in online firm Bloovo.com for $3 million

More from Bahrain Investors ...


  Bahrain Investcorp acquired German business campus for nearly $100 million (September 2018)

  Bahrain Investcorp announces its first real estate investments in Europe for $45 million (August 2017)

  Bahrain investors acquired Nordic firm ABAX for $210 million (June 2017)

  Bahrain investors acquired stake in Spanish firm Agromillora (December 2016)

  Bahrain investment firm Mumtalakat acquired stake in UK firm Envirogen (August 2016)

  Bahrain investors acquired UK cybersecurity firm Nebulas (August 2016)

  Bahrain investors acquired European cyber security firm Coresec (July 2016)

  Bahrain private equity firm acquired Colorado real estate for $85 million (January 2016)

  Two Bahrain investment firms acquired a network of US schools for $405 million (March 2015)

  Bahrain investors acquired Spanish ceramic firm Fritta (February 2015)




|| 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.


|| Subscribe















Copyright 2007-2018 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter