MergerLinks Header Logo

Announced

ADQ to acquire a 50% stake in Eltizam Asset Management Group from International Holding Company for $30m.

Synopsis

ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, agreed to acquire a 50% stake in Eltizam Asset Management Group, a technology-driven investment company, from International Holding Company, an Abu Dhabi-based strategic investment company, for $30m. "Eltizam has a proven record as a successful business model and has an accretive value to ADQ’s portfolio. We have a shared vision with IHC to further enable the company to reach its full potential in its ambition as a leader in facility and property management across the region," Roque Solabarrieta, ADQ Investment Director.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US