Fremman Capital to acquire a stake in VPS from IK Investment Partners for $200m.

Fremman Capital, a private equity firm, agreed to acquire a stake in Veritas Petroleum Services, a fuel management company, from IK Investment Partners, an investment firm, for $200m. "IK has supported us in developing a new sales strategy, investments in additional laboratory equipment and multiple acquisitions, enabling us to better serve our clients, which in turn creates a positive ecological impact," Malcolm Cooper, VPS CEO.