Welcome to Dubai International Capital’s media centre, an online resource for investors and media to learn more about Dubai International Capital and see the news releases and articles in the media.

• 19th May 2011

  Landis+Gyr to be Acquired by Toshiba for US$2.3 Billion

  Combined Smart Grid Leader to benefit utilities, consumers and staff

• 3rd May 2011

  Almatis names Taco Gerbranda as new CEO

  The Board of Almatis has nominated Taco Gerbranda as the new Chief Executive Officer (CEO) of Almatis. He is expected to take up his new role during May. He succeeds Remco de Jong who has decided to step down from his position following the successful completion of the financial restructuring of the company.

• 3rd April 2011

  MAUSER NCG acquires US steel drum reconditioner

  The MAUSER Group has announced the acquisition of Burbank Barrel and Drum (BBD) in Houston, Tex. BBD is the largest steel drum reconditioner in the Gulf area with over 60 years of operating history.

• 21st March 2011

  Dubai International Capital to exit its investment in KEF Holdings for a substantial return

  Dubai International Capital LLC (“DIC” or the “Company”), the private equity investment arm of Dubai Holding, is pleased to announce today that it has signed a definitive agreement to sell its 45% stake in UAE-based KEF Holdings (’KEF’) to Tyco International (NYSE:TYC), provider of security, fire protection and flow control products and services.

• 17th December 2010

  Dubai International Capital Agrees Headline Economic Terms with Coordinating Committee

  Dubai International Capital LLC (“DIC” or the “Company”), the private equity investment arm of Dubai Holding, is pleased to announce today that headline economic terms have been agreed in principle with the Coordinating Committee of lenders (the “CoCom”) representing the Company’s financial creditors in regard to the restructuring of approximately $2.5bn of liabilities.