Buyout (LBO, MBO, MBI) • Food

Foursan Group Acquires Siniora Food

On January 30, 2012, private equity firm Foursan Group acquired food company Siniora Food

Acquisition Context
  • This is Foursan Group’s 1st transaction in the Food sector.
  • This is Foursan Group’s 5th transaction in Jordan.

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M&A Deal Summary

Date January 30, 2012
Target Siniora Food
Sector Food
Buyer(s) Foursan Group
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Siniora Food

Sahab, Jordan
Siniora Food is a regional producer of cold cuts, luncheon meats, and frozen food products in Jordan, Palestine, Saudi Arabia, and the UAE. Siniora Food was established in 1920 and is headquartered in Sahab, Jordan.
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Buyer Overview 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 Context for Buyer #
Overall 6 of 18
Sector: Food 1 of 2
Type: Buyout (LBO, MBO, MBI) 2 of 4
Country: Jordan 5 of 14
Year: 2012 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-13 Batelco Jordan

Amman, Jordan

Batelco Jordan operates as an Internet and telecommunication solutions provider. It offers Internet broadband ADSL services, and Web development and hosting solutions, as well as managed data, added value, registered prepaid international calling, WiFi hotspots, and VSAT services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-27 Jordan Dubai Islamic Bank

Amman, Jordan

Jordan Dubai Islamic Bank is a provider of various banking products and services.

Buy -

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