Bahrain’s Investcorp acquires majority stake in US fresh produce distributor – The National

  • Date: 07-Nov-2022
  • Source: The National
  • Sector:Technology
  • Country:Bahrain
  • Who else needs to know?

Bahrain’s Investcorp acquires majority stake in US fresh produce distributor – The National

Investcorp, an alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, has bought a majority stake in US-based fresh produce distributor Sunrise Produce.

Investcorp will enter into partnership with Sunrise to further boost the company’s growth organically and inorganically through acquisitions, Investcorp said on Monday.

It did not give financial details of the deal or the size of its stake in Sunrise.