Kingsway to acquire Al-Eqbal Investment for $1bn.

Synopsis

Kingsway Capital Partners, a provider of investment management services, agreed to acquire Al-Eqbal Investment, a Jordan-based investment company, which is specialized in the manufacture and distribution of molasses and in the development and construction of renewable energy projects, for $1bn.

Principals

target

Al-eqbal Investment Co

bidder

Kingsway Capital Partners

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Market Context

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Seller Team (1)

desmond john naughton

CEO at Al-EQBAL INVESTMENT CO PLC

Investor

target

Deal

£ 766 M

Total Value

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