Investment Summary

Arab Petroleum Investments Invests In Al Khorayef United Holding

On November 13, 2019, Arab Petroleum Investments invested in energy services and equipment company Al Khorayef United Holding

Investment Highlights
  • This is Arab Petroleum Investments’ 1st transaction in the Energy Services and Equipment sector.
  • This is Arab Petroleum Investments’ 1st transaction in Kuwait.

Investment Summary

Date 2019-11-13
Target Al Khorayef United Holding
Sector Energy Services and Equipment
Investor(s) Arab Petroleum Investments
Deal Type Stake Purchase

Target

Al Khorayef United Holding

Fahaheel, Kuwait
Al Khorayef United Holding is an oil and gas services and facilities management company. Al Khorayef United Holding is the first manufacturer of Electrical Submersible Pumps in the Middle East. Alkhorayef is now a market leader in the artificial lift market, we are specialist suppliers of SRP and PCP Systems.

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Investor(S) 1

Investor

Arab Petroleum Investments

Al Khubar, United Arab Emirates

Category Company
Founded 1974
Sector Financial Services
DESCRIPTION

The Arab Petroleum Investments Corporation (APICORP) is a multilateral development financial institution support and foster the development of the Arab world's energy sector and petroleum industries. APICORP makes equity investments and provides project finance, trade finance, advisory, and research. APICORP is rated as (Aa3) and its headquarters is in Dammam, Kingdom of Saudi Arabia.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Stake Purchase M&A Deals 2 of 2
Country: Kuwait M&A 1 of 1
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-29 Yellow Door Energy

Dubai, United Arab Emirates

Yellow Door Energy is a distributed Commercial & Industrial (“C&I”) solar platform in the Middle East and Africa (“MEA”) region with around 200MW of secured production capacity. Yellow Door Energy is based in Dubai, United Arab Emirates.

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