The Investcorp Gulf Opportunity Fund acquired a controlling stake in Hydrasun from private equity firm Equistone Partners Europe Ltd.
BBC: Aberdeen firm Hydrasun sold to Bahraini investor
David Chu, founder of Nautica, will join the company on closing as chief creative director and co-chairman of the Investcorp board.
FORBES: Georg Jensen Sold To Investment Group For $140 Million
When Investcorp floated the company on the Amsterdam and New York exchanges in 1995 and 1996, Mr De Sole was at last able to run Gucci properly.
ECONOMIST: A question of inheritance
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