Arcapita pays $430m for PODS
Complex Made Simple

Arcapita pays $430m for PODS

Arcapita pays $430m for PODS

Bahrain's Arcapita has completed the acquisition of the US based Portable On-Demand Storage (PODS) for approximately $430m, reported the Bahrain Tribune. The firm has a network right across the US while it also has a presence in Canada and Australia. PODS' revenues have increased from $61m in 2004 to $215m last year, an average growth rate of 52%.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved