16 Nov 2014
(MENAFN) Italian and Qatari investors announced they have acquired USD205 million worth of stake in Inalca, a meat producing company, in a deal that is the first to be made by the two investment partners, Arabian Business reported.
Under the deal, the Qatari, Italian joint venture will buy a 28.4 percent stake in Inalca, which is currently wholly owned by Italian food producer and caterer Cremonini.
The joint venture between Italian state-backed private equity fund Fondo Strategico Italiano (FSI) and Qatar Holding, a fund created by the Qatar Investment Authority, was signed last year with an objective of investing in a range of Italian companies in the food, fashion and luxury, tourism and leisure sectors.
“With this investment we aim to support the distribution of food ‘made in Italy’ abroad,” FSI chief executive said.
FSI, which also has a similar arrangement with Kuwait’s sovereign wealth fund, announced that it made another investment, worth USD95.15 million in the Rocco Forte hotels group with the Kuwait Investment Authority.
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more