Alpen Capital has successfully advised BlueFive Capital on the acquisition of a 70% equity stake in Gulf Cobla, a leading UAE-based dredging and land reclamation company operating across the Middle East and wider Asia region.
BlueFive Capital acquired this stake from the Dutco Group and the Saudi Binladin Group.
This landmark acquisition has further strengthened BlueFive Capital’s growing footprint in the region by adding a strategically important marine platform with a multi-jurisdictional presence to its portfolio.
About BlueFive Capital
BlueFive Capital is a global investment platform that today has $15 billion in AUM and targets opportunities in high-potential economies with the goal of transforming traditional financial models and fostering sustainable growth. Incorporated in ADGM and with offices in London, Manama, Abu Dhabi, Dubai, Muscat and Beijing, the firm offers private equity, real estate, infrastructure and financial products to private wealth, institutional and retail clients.
Transaction Announcement
