M&A Deal Summary

The Abraaj Group Acquires NEP Holdings

On December 1, 2011, asset manager The Abraaj Group acquired environmental company NEP Holdings

Acquisition Highlights
  • This is The Abraaj Group’s 2nd transaction in the Environmental sector.
  • This is The Abraaj Group’s 4th transaction in Malaysia.

M&A Deal Summary
Date 2011-12-01
Target NEP Holdings
Sector Environmental
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

NEP Holdings

Selangor, Malaysia
website
NEP Holdings assembles and distributes residential water filtration systems under its own home-grown Diamond brand. The group is the market leader in Malaysia, and has a presence in Singapore, Hong Kong, Taiwan and southern China. The filters marketed by NEP include the Diamond outdoor filter, Diamond indoor filter, water bar and the Diamond shower spa. The filters can be bought or hired, and are replaced with new units if customers renew the rental plan at the end of the contract period.

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Buyer(S) 1

Buyer

The Abraaj Group

Dubai, United Arab Emirates

website

Category Asset Manager
Founded 2002
PE ASSETS 7.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Abraaj Capital Limited is a private equity firm that seeks investments in the Middle East, North Africa, and South Asia. Abraaj looks for stable, mature businesses and uses a 'buy and build' strategy for growth. Areas of interest include aerospace, healthcare, transportation, financial services, leisure, education, energy, and manufacturing. In addition to its buyout and growth capital investments, Abraaj also invests in real estate and infrastructure. Abraaj Capital was formed in 2002 and is based in Dubai.

DEAL STATS #
Overall 121 of 182
Sector (Environmental) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 111 of 144
Country (Malaysia) 4 of 4
Year (2011) 20 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-02 Mani Foods Industry

Dubai, United Arab Emirates

Mani Holding markets a range of premium-quality dried fruits and nuts under the MANI® brand, with a vision of becoming a global reference brand for healthy snacking. The company is focused on growing consumer demand for dried fruits and nuts through product innovation to merge the gap between tasty, healthy and convenience-oriented snacking. The Abraaj Group’s investment in Mani is with respect to the rights to market the MANI® brand in Europe and the Americas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-23 Acibadem Healthcare Group

Istanbul, Turkey

Acibadem Insurance is the one of the five largest health insurance companies in Turkey. The Company has an insured population of approximately 150,000 people comprised of blue-chip corporate and individual clients. The Company’s product portfolio also includes life and personal accident products giving Acibadem Insurance a strong foothold in the Turkish insurance market.

Sell -
Mergr

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