Monday 20 April 2015
 
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Solidarity unit buys stake in Jordanian insurance firm

First Insurance, Jordan, a subsidiary of Solidarity Group Holding Bahrain, has acquired a controlling stake in Yarmouk Insurance Company in Jordan. Originally founded more than 30 years ago, Yarmouk Insurance is one of the deep-ro

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Bosch Packaging to acquire Osgood Industries

Bosch Packaging Technology, a leading supplier of process and packaging technology, is set to acquire Florida-based Osgood Industries. The firm intends to further strengthen its engagement in the liquid food industry in North Amer

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Gulf Hotels Group in push to acquire BTC

The Gulf Hotels Group (GHG) said it has expressed an intent to acquire Bahrain Tourism Company (BTC). The company said it has submitted an initial non-binding letter of intent to the board of directors of BTC indicating its potent

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FEP acquires 50pc stake in Oryx in $136m deal

First Equity Partners (FEP) has acquired a 50 per cent stake in Fujairah-based construction materials firm Oryx Industries for Dh500 million ($136.1 million), according to a report. The stake would be further raised over the &lsqu

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Rafi Agri Foods acquires 20pc stake in Delta Food

Rafi Agri Foods International,  a leading agri-commodity trading firm based out of the SAIF Zone and partner of Canadian-based Ronald A Chisholm,  has acquired a 20 per cent stake in Delta Food Industries, a growing food manufacturing

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Qatar group acquires five-star hotel in Italy

Qatar-based Al Rayyan Tourism and Investment (Artic) said it has acquired Boscolo Aleph Hotel, a luxury five-star property located in the centre of Rome, Italy. Artic is the international hospitality subsidiary of Al Faisal Holdin

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KBW acquires top European engineering firm

Dubai-based KBW Investments has completed a 50 per cent acquisition of Arcadia Engineering, a major company with operations in Romania and Brazil. The company formalised the acquisition today (November 20) at a signing ceremony in

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Arcadis acquires Hyder, Callison

Arcadis, one of the world’s leading natural and built asset design and consultancy firms, said it has completed the acquisition of two major construction players in the region, Hyder Consulting and Callison. Hyder Consulting

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Production Reserve Group acquires Dubai's Gearhouse

Production Resource Group, a New York-based supplier of entertainment and event technology, is set to acquire Dubai-based Gearhouse, a provider of turnkey event production services across the Gulf region. Gearhouse has over the la

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Qatar investors acquire Greek commercial properties

A group of investors in Qatar acquired a portfolio of commercial properties in Greece worth €125 million ($157 million) a few months back, said a report. The portfolio comprises a package of five or six major stores in major

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