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Aramex acquires Fastway Couriers for $80m

Aramex, a leading provider of comprehensive logistics and transportation solutions, has acquired Fastway (Fastway Couriers), a leading courier service provider headquartered in New Zealand, in a recent expansion of its global presence.

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Simstream acquires Sharjah company

Dubai-based IT consulting company Simstream Group has acquired Design Days, a Sharjah-based software developer and applications company. Based on the acquisition, Simstream has also launched SimstreamT&D (Technology and Development)

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Weiler acquires Swatycomet from Avtotehna

Weiler Corporation, a leading provider of power brushes, abrasives and maintenance products for surface conditioning, has acquired Swatycomet, a leading manufacturer of bonded abrasives in Europe, from Avtotehna.  

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NMC Health acquires majority stake in Fakih IVF

NMC Health, a leading integrated healthcare provider operating across the UAE, has entered into an agreement to acquire a 51 per cent shareholding in Fakih IVF Group for Dh696 million ($189 million).   NMC has al

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Saudi’s Apicorp to acquire shipping asset soon

Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016, its chairman told Reuters on Thursday.   &

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Consortium acquires majority stake in Fawry for $95m

A consortium of international financial investors has acquired a majority stake in Fawry, a leading electronic bill presentment

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BBA proposes to acquire Landmark Aviation for $2.06bn

British aircraft services provider BBA Aviation said it has proposed to acquire Landmark Aviation, owned by private equity firm Carlyle Group LP, for $2.065 billion, to increase its exposure in the aviation market in North America.

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Blackstone acquires Serco's BPO operations for $385m

Private equity funds managed by Blackstone is set to acquire a majority of Serco Group's private sector business process outsourcing (BPO) operations.   The definitive agreement will include the former Intele

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Pacific Controls acquires 33pc stake in Inframon

Pacific Control Systems (PCS), a UAE-based leader of Internet of Things (IoT) and cloud services solutions, has acquired 33.33 per cent equity stake in Inframon, a UK-based IT cloud transformation company.   

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EY acquires Seren to meet demand in Mena

EY, a leader in assurance, tax, transaction and advisory services, has acquired Seren, an international digital consultancy based in the UK with a significant footprint in the Middle East and North Africa (Mena) region.  &nbs

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