M&A Deal Summary

Banaja Holdings Acquires Pharma World

On January 1, 2004, Banaja Holdings acquired distribution company Pharma World from Ithmar Capital

Acquisition Highlights
  • This is Banaja Holdings’ 1st transaction in the Distribution sector.
  • This is Banaja Holdings’ 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2004-01-01
Target Pharma World
Sector Distribution
Buyer(s) Banaja Holdings
Sellers(s) Ithmar Capital
Deal Type Add-on Acquisition

Target

Pharma World

Abu Dhabi, United Arab Emirates
Pharma World is adistributor and marketer of pharmaceutical and consumer products in the UAE and represents major international principals such as Schering AG, Abbott, Nutricia, Nycomed and Menarini.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Banaja Holdings

Jeddah, Saudi Arabia

Category Company
Founded 1944
Sector Healthcare Services
DESCRIPTION

Banaja Holdings Ltd. is a distributor and marketer of pharmaceuticals and healthcare products.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2004 M&A 1 of 1

Seller(S) 1

SELLER

Ithmar Capital

Dubai, United Arab Emirates

Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Ithmar Capital is a private equity firm that looks for growth capital and buyout investments throughout the Middle East and North Africa. Ithmar is a generalist investor and will consider opportunities in distribution, consumer-related franchising and retail, financial services, education, healthcare, media, communications, oil and gas, and water desalination. Ithmar Capital is based in Dubai.


DEAL STATS #
Overall 1 of 3
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 3
Year: 2004 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-16 Gourmet Catering & Hospitality Service

Dubai, United Arab Emirates

Gourmet Catering & Hospitality Service LLC is a provider of quality catering and hospitality services in the Middle East.

Buy -