Citadel related stories
All articles and analysis
Citadel acquires taste for Sudanese halvaOn the heels of revealing it would publicly list a portion of its management company, the MENA-focused firm has purchased distressed food producer Al-Musharraf for $19m.
- Citadel sketches out IPO plan
On the day that MENA rival Abraaj Capital raised $375m from shareholders, Cairo-based Citadel has unveiled plans for a public listing.
- Citadel in Egyptian food bolt-on
The Cairo-headquartered private equity firm has acquired beverage company Enjoy through Gozour, its consumer foods platform. Citadel bought Enjoy from Haykala Investment Managers, a firm founded in 2005 by Egypt-based Commercial International Bank.
- Citadel lines up Libyan gas contract, dairy loan
Citadel portfolio company TAQA Arabia has won a $165m gas distribution contract in Libya, while Dina Farms, an Egyptian dairy backed by the firm, has successfully secured $36m in debt financing.
- IFC commits $25m to Citadel Capital
The investment in the MENA-focused private equity firm’s debut institutional fund will be used to help companies in the region develop beyond their local markets.
- Citadel and Sphinx hold first close on distressed fund
The Egypt-focused fund, which is targeting $100m, has raised $51.5m from ‘a significant number of European institutional investors’.
- Citadel raises $50m from shareholders
The proceeds of the firm's fourth rights issue will be used to fund growth opportunities at portfolio companies.
- Citadel hires head of communications
The Cairo-based private equity firm specialising in investment in the Middle East and North Africa has appointed Ghada Hammouda to manage its communication strategy as it seeks to widen its investor base.
- Butler Capital spin-out launches
Perceva Capital looks to capitalise on the turnaround opportunities created by a deteriorating global economy.
- Citadel bolts on C$898 oil and gas company(2)
Egyptian buyout firm Citadel Capital Company has signed a deal to bolt on Canadian-listed oil company Rally Energy to the National Petroleum Corporation.