Gulf Capital completes acquisition of a 60% stake in Metito, one of the world's largest providers of desalination, water and wastewater solutions.

Middle East | November 15, 2006 | Copyright

Gulf Capital, one of the most active buy-out firms in the Middle East, announced today that it has acquired a majority stake in Metito in the largest Private Equity Investment to date in the fast-growing Middle Eastern water industry.

Metito has been a leading provider of water and wastewater solutions since the late 50's. Through its operation in 15 countries across the Middle East, Africa and Asia, Metito is ranked among the top global providers of desalination plants with over 2,000 installations worldwide. Metito is also the largest Arab water utility running 16 ...

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