The Abraaj Group has bought a stake in the Turkish medical supplies manufacturer Yu-Ce Medical as the private equity firm, one of the Middle East’s largest by assets, seeks to boost its investment in Turkey.
The acquisition is the second investment of the Dubai-based firm’s Anatolia Growth Capital Fund. Abraaj did not disclose the size of the stake or the value of the deal.
Yu-Ce Medical produces medical gauze, medical sponge and surgical sutures.
http://www.thenational.ae/business/banking/dubai-based-abraaj-group-invests-in-turkish-medical-supplies-firm-yu-ce-medical
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