Metito prepares for $400m growth spurt
- From: Vol 7, Issue 12 (December 2006)
- Category: General
- Region: Middle East
- Country: Israel
- Related Companies: Gulf Capital and Metito
Metito weighs up the leveraged opportunities available after Gulf Capital’s private equity injection.
Gulf Capital completed the acquisition of a 60% stake in Metito on 15 November in a deal which will see the Sharjah-based water treatment specialist receive an initial injection of $24 million over the next 12 months, with a total of $100 million planned to be invested over the next three years.
Rami Ghandour, Metito’s executive director of corporate ...
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