Gulf Capital Sells 100% Of Chef Middle East To NASDAQ-Listed ‘The Chefs’ Warehouse’ (NASDAQ: CHEF) For c. US$ 100 Million In An Exit That Generates 2.5x Returns
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Gulf Capital, one of the largest and most active alternative asset managers in the GCC and Southeast Asia, announced today that it has successfully completed the sale of 100% of Chef Middle East (“Chef ME”), the GCC’s premier foodservice distribution business, to The Chefs’ Warehouse (“TCW”), a Nasdaq-listed speciality food distributor operating across North America.