Investcorp’s Gulf Fund Acquires a 38 Percent Stake in Saudi Arabia’s Al Yusr Industrial Contracting Company (MENA)

Source: Investcorp

Investcorp, a Bahrain-based manager of alternative investment products, has agreed to acquire a 38 percent stake in Al Yusr Industrial Contracting Company, a provider of technical industrial support services to the petrochemical, oil and gas sectors in Saudi Arabia and Qatar. The investment was structured through Investcorp’s Gulf Opportunity Fund. Financial details of the transaction were not disclosed.