Jadwa Investment Acquires Majority Stake in Makhazen Alenaya
June 23, 2025
Jadwa Investment, via its Jadwa GCC Diversified Private Equity Fund, has acquired a majority stake in Saudi beauty and personal care retailer Makhazen Alenaya. Founded in 2019 with 15 branches across Saudi Arabia, Makhazen will leverage Jadwa's capital and expertise to expand its footprint, strengthen operations and governance, and pursue a potential listing on the Saudi Exchange.
- Buyers
- Jadwa Investment, Jadwa GCC Diversified Private Equity Fund
- Targets
- Makhazen Alenaya
- Industry
- Retail
- Location
- Saudi Arabia
- Transaction Type
- Buyout
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