M&A Deal Summary

Foursan Group Acquires New Vision

On June 1, 2023, private equity firm Foursan Group acquired distribution company New Vision

Acquisition Highlights
  • This is Foursan Group’s 1st transaction in the Distribution sector.
  • This is Foursan Group’s 14th transaction in Jordan.

M&A Deal Summary

Date 2023-06-01
Target New Vision
Sector Distribution
Buyer(s) Foursan Group
Deal Type Buyout (LBO, MBO, MBI)

Target

New Vision

Amman, Jordan
New Vision is an official agent and distributor of LG Electronics in Jordan. To support its retail and distribution business, the company runs a factory at which it assembles a few product lines for LG. New Vision was formed in 2010 and is based in Amman, Jordan.

Search 199,847 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Foursan Group

Amman, Jordan

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Foursan Group is a private equity firm focused on opportunities in the Middle East. Foursan has launched multiple growth capital funds in partnership with leading regional and global investors to invest across a broad range of industries in the financial services, education, pharmaceutical, healthcare, aviation, and food/beverage sectors.


DEAL STATS #
Overall 17 of 18
Sector (Distribution) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 4 of 4
Country (Jordan) 14 of 15
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-17 Baida Pack

Amman, Jordan

Baida Pack is a designer and manufacturer of primary and secondary pharmaceutical packaging products such as printed aluminum foils, folding cartons and patient information leaflets, and serves certain of the leading local, regional and international pharmaceutical companies. Baida Pack was founded in 1997 and is based in Amman, Jordan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-01 Medjool Village

Southern Shouneh, Jordan

Medjool Village is a vertically integrated grower, packer, and exporter of Medjool dates. It is a global premium date supplier, exporting Medjool dates to the UK, Europe, the Middle East, South Asia, and South East Asia. Medjool Village was formed in 2012 and is based in Southern Shouneh, Jordan.

Buy -