Suumaya Industries Ltd., a conglomerate group, through its 100% fully-owned subsidiary Suumaya Retail Ltd. has acquired a minority stake in the value retail chain startup Nysaa Retail Private Limited, which operates stores under the brand name 1-India Family Mart. According to a statement, “This investment will enable Suumaya Industries to strengthen its foothold in the…
HH Global has announced the completion of the acquisition of Adare International (including Purple Agency), from the private equity firm Endless LLP, following the signing of an agreement on Monday 21 June 2021. The combined business will generate approximately $2.1bn in annual sales. According to a statement, “This deal will create a combined global business…
KKR, a global investment firm, has announced the appointment of Dinesh Paliwal, former Chief Executive Officer of HARMAN International, as a new Partner in KKR’s global private equity business. In this role, Mr. Paliwal will support the Firm in identifying global investment opportunities in the industrial, consumer and automotive sectors, as well as supporting KKR…