Wednesday 3 October 2012

Gulf Capital buys Med Ray | A1SaudiArabia.com

Gulf Capital, one of the most active alternative investment firms in the Middle East based in Abu Dhabi, announced Tuesday that its portfolio company, Techno Group Investment Holdings (TGIH), has acquired a strategic stake in Med Ray, Jordan’s premier diagnostic imaging centers company.
This latest acquisition is part of Gulf Capital’s broader strategy to continue its investment program in the fast-growing regional healthcare sector.
Gulf Capital already owns a controlling stake in Technoscan, the largest diagnostic imaging centers company with centrers spread across the region.

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