Tuesday, January 29, 2013

Bahrain's Investcorp eyeing Italy luxury brands


Investcorp, one of the Middle East's largest private equity firms, is on the lookout for Italian luxury and retail brands that want to expand internationally.

"We have spent a lot of time talking to the owners of some very well-known Italian brands and are always on the lookout for interesting brands with the potential to internationalise," Hazem Ben-Gacem, the head of corporate investments for Europe, said.

Mr Ben-Gacem also said he was not too concerned about next month's election in Italy.

"Italy has always had political risks. What we would like, however, is a stable environment where investors and businesses have clarity and confidence in the government's intention."

Read more: http://www.thenational.ae/business/retail/bahrains-investcorp-eyeing-italy-luxury-brands#ixzz2JONfhsys 

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