Bahrain group buys Freightliner
13 June 2008
On 13 June Freightliner Group Ltd announced that it had been acquired by Arcapita, an international investment firm based in Bahrain, for an undisclosed sum, and subject to clearance by the European Commission. Arcapita will acquire Freightliner Group Ltd from its previous owners 3i, Electra Private Equity and Freightliner management and staff. 3i and Electra were the founder majority shareholders of Freightliner at privatisation in 1996.
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