Monday 24 October 2016

EIP, Siniora acquire Almasa in $17m deal

A consortium including Emerging Investment Partners (EIP), a Lebanese holding company, and Siniora Food Industries, a Jordan-listed company, has acquired the UAE-based Almasa (Diamond Meat Processing) from Al Ghurair Group in a deal worth $17 mi


IP Tech names Almasa Mena distributor

IP Technology Labs (IPTL), a leading provider of Ethernet appliances and Enterprise networking equipment, has appointed Dubai-based Almasa Value Distribution as its exclusive master distributor for Mena markets. Almasa brings local stockin


Almasa names new GM

Almasa IT Distribution, a leading regional distributor of IT hardware and networking solutions, has appointed former Almasa product and territory manager John David as general manager for Component Business Department. The move aims to fur

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