M&A Deal Summary

The Abraaj Group Acquires Gallus

On December 1, 2009, asset manager The Abraaj Group acquired agriculture company Gallus

Acquisition Highlights
  • This is The Abraaj Group’s 2nd transaction in the Agriculture sector.
  • This is The Abraaj Group’s 2nd transaction in Tunisia.

M&A Deal Summary
Date 2009-12-01
Target Gallus
Sector Agriculture
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Gallus

Tunisia
Gallus is an integrated poultry processing business engaged in the rearing of poultry and the production of chicken and turkey-based food products. Gallus is the leading player in the turkey food products market in Tunisia and the second-largest player in the overall Tunisian poultry market. The aviculture sector is experiencing strong growth in the North African market, where it provides an affordable source of protein for the growing middle class. The group operates with best-in-class industrial assets that meet European quality processing requirements.

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Buyer(S) 1

Buyer

The Abraaj Group

Dubai, United Arab Emirates
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 84 of 182
Sector (Agriculture) 2 of 6
Type (Buyout (LBO, MBO, MBI)) 76 of 144
Country (Tunisia) 2 of 9
Year (2009) 20 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 Central Hospital

Colombo, Sri Lanka

Central Hospital (CH) is an advanced private tertiary care hospital with 256 beds. It is promoted by Asiri Hospital Group, which operates four hospitals in Sri Lanka. CH commenced operations in April 2010 and by the end of the 2011 financial year had posted a turnover of US$ 10 million.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 D1

Tocancipá, Colombia

D1 operates a Hard Discount Chain D1 in different regions of the country. D1 was formed in 2009 and is based in Tocancipá, Colombia.

Buy -
Mergr

Product

Company

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