The Abraaj Group Acquires Majority Stake in Casaideas (Latin America)

Source: The Abraaj Group

Global growth markets investor The Abraaj Group has acquired a majority stake in Chile-based home design and decorations company Casaideas. The company currently operates over 50 stores in Chile, Peru and Bolivia, and it will focus on expanding product availability through the launch of an e-commerce platform. Financial details of the transaction were not disclosed.