Investcorp to buy Gulf Cryo stake

Bahrain-based asset management firm, Investcorp has announced that its Gulf Opportunity Fund will acquire a 20% stake in Kuwait- based manufacturer of industrial, medical and specialty gases, Gulf Cryo. This acquisition comes six months after Investcorp's Gulf Opportunity Fund closed its second investment, a 70% stake in L'Azurde, the world's fourth largest manufacturer of gold and jewellery.

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