Deals Digest: Gulf Capital, NBK exit Classic Fashion; Australian Food & Fibre buys Auscott

Deals Digest: Gulf Capital, NBK exit Classic Fashion; Australian Food & Fibre buys Auscott

Amman, Jordan. Photo by Hisham Zayadnh on Unsplash.

Alternative asset managers Gulf Capital and NBK Capital Partners have exited Jordan’s Classic Fashion Apparel Industries while Australian Food & Fibre has acquired cotton producer Auscott.

Gulf Capital, NBK Capital Partners exit Classic Fashion

UAE-based alternative investment firms Gulf Capital and NBK Capital Partners announced that they have fully exited from Classic Fashion Apparel Industries (Classic Fashion), a Jordanian apparel manufacturer.

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