Saudi Gazette - Alkhabeer Capital buys stake in Anchor Allied:
"MASHARIE LLC, an investments subsidiary of Dubai Investments PJSC, sold a strategic equity stake in Anchor Allied Factory LLC to Alkhabeer Capital, Saudi Arabia.
The investment is another cross-border M&A which has seen the flow of funds between the Arab countries and is testimony to the potential partnership opportunities existing in the region for investors and entrepreneurs. The investment was made through Alkhabeer’s Asset Management Private Equity division. This acquisition will help Anchor Allied further expand its footprint within Saudi Arabia and also focus on growth opportunities through vertical as well as horizontal integration.
Our partnership with the Nalwala family was very successful; Anchor Allied has become one of the leading sealants and adhesives manufacturers in the Middle East with tremendous growth potential."
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