| Bahrain Mumtalakat Holding Company (Mumtalakat), the investment arm of the Kingdom of Bahrain, announced its successful acquisition of a minority equity stake in Gulf Cryo, the leading regional manufacturer, distributor and service provider of industrial gases based in Kuwait. This investment is a reflection of Mumtalakat’s continued efforts to grow and diversify its holdings across various sectors and regions.
Mumtalakat will join Gulf Cryo’s shareholder group, which includes Amer Huneidi, other members of the Huneidi family and Investcorp. deNovo Corporate Advisors (deNovo) acted as the financial advisor in this transaction to the majority shareholders in the Company...............................................Full Article: Source |