Bahrain Mumtalakat Holding Company (Mumtalakat), the investment arm of the Kingdom of Bahrain, has announced its successful acquisition of a minority equity stake in Gulf Cryo.
The investment is regarded as a reflection of Mumtalakat’s continued efforts to grow and diversify its holdings across various sectors and regions.
Mumtalakat will join Gulf Cryo’s shareholder group, which includes Chairman Mr Amer Huneidi, other members of the Huneidi family, and Investcorp.
For Kuwait-based Gulf Cryo, the leading regional manufacturer, distributor and service provider of industrial gases, the investment is the latest in a long line of developments of late.
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