Seera Investment Bank acquires UK company
MANAMA: Seera Investment Bank has successfully concluded the acquisition of UK-based BWA Water Additives.Following the successful completion of its leveraged buying, a team of senior management of Seera, a Sharia-compliant Bahrain-based investment bank, concluded a visit to the company’s headquarters in Manchester.

A number of high-level meetings were held with BWA’s executives and a comprehensive overview and a strategic roadmap of this venture were effectively formulated.

Seera considers the acquisition of this leading water treatment solutions provider as a strong addition to its existing portfolio.

The breakthrough transaction was financed by Royal Bank of Scotland and HSBC , with mezzanine financing provided by RBS Equity Fund.

The acquisition brings into Seera’s fold a dominant niche player with high growth dynamics and strong cash flow characteristics in a non-cyclical sector, making Seera one of the first investment banks in the GCC to have a presence in the burgeoning water treatment market.




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