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M'Sharie buys 51% of Anchor Allied
- United Arab Emirates: Tuesday, October 14 - 2008 at 08:07
M'Sharie, a subsidiary of Dubai Investments, has acquired 51% of Anchor Allied, a Sharjah-based manufacturer of adhesive tapes and specialty adhesives. Anchor, which claims a 60% market share in the UAE, is expected to double its current turn-over of Dhs250m within the next three years, according to a press statement.
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Jeff Florian, Senior ReporterTuesday, October 14 - 2008 at 08:07 UAE local time (GMT+4)
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