Gulf Capital Invests US$22 Million in CHO Company
Posted On: 23 Jan 2019 | Source(s): Gulf Capital | Date: 23 January 2019
Middle East-focused alternative asset manager Gulf Capital has invested US$22 million in Tunisia-based olive oil producer and exporter CHO Company. The company produces more than 10 million gallons of olive oil per year and plans to use the funds for working capital and to support its expansion and integration plans. Gulf invested through Gulf Credit Opportunities Fund II.