Gulf Capital Sells its Strategic Stake in Middle East Glass, the largest glass container manufacturer in the Middle East, following a 3x in revenue and 50% increase in profit margins during its holding period

Gulf Capital Sells its Strategic Stake in Middle East Glass, the largest glass container manufacturer in the Middle East, following a 3x in revenue and 50% increase in profit margins during its holding period

Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has sold its strategic stake in Egypt-listed Middle East Glass S.A.E. (MEG) to the majority shareholder of the business, MENA Glass Holdings...
GEA Presents New thermoforming Packaging Machine

GEA Presents New thermoforming Packaging Machine

Under the motto RE:THINK PACKAGING, GEA will present the latest machine and control technology for the food sector at the Fachpack in Nuremberg (Germany) from September 24 to 26 (Hall 7A/Stand 563). The focus will be on the new PowerPak 1000 thermoformer for the...