Dubai International Capital

DIC's investments across its divisions include:

Private Equity:

• The Tussauds Group – purchased in 2005 from Charterhouse Capital Partners for £800 million ($1.5 billion). Subsequently, sold in March 2007 to Merlin Entertainments for £1.025bn, though DIC now has 18% in the combined company.{{cite news| url=http://news.bbc.co.uk/1/hi/business/6419019.stm | publisher=BBC News | title=Tussauds firm bought in £1bn deal | date=5 March 2007 | accessdate=2010-05-01}} The remaining stock DIC held in the combined company was sold in 2010.
• Doncasters Group Ltd – In May 2006, DIC acquired Doncasters Group Ltd. for £700 million. Doncasters is a British precision-engineering company with plants in Connecticut, Illinois and Georgia that make precision engineered components and systems for applications in a variety of industries.
• Travelodge – purchased the UK budget hotel group in 2006 for £675m (1.02bn euros). Travelodge is the fastest expanding hotel chain in Europe.{{cite news| url=http://news.bbc.co.uk/1/hi/business/5265438.stm | publisher=BBC News | title=Dubai firm buys Travelodge hotels | date=18 August 2006 | accessdate=2010-05-01}}
• Merlin Entertainments Group – In March 2007 DIC merged The Tussauds Group with Blackstone's Merlin Entertainments Group to create the second largest visitor attractions operator in the world after Disney. DIC received £1.025 bn cash and retained an 18% stake in the combined company. This stake was sold in 2010.
• Fastentech – In May 2007 DIC-owned Doncasters acquired FastenTech for US$500m in a bolt-on acquisition from Court Square Capital. FastenTech is a leading international manufacturer of industrial and aerospace-grade fasteners and has a strong presence in the US.
• Mauser Group – purchased the German industrial packaging company in June 2007 for €850m – one of the world's leading industrial packaging firms. Has been sold in August 2014.

Emerging Markets:

• Jordan Dubai Capital: A US$300 million private equity fund dedicated to investments in Jordan, launched in 2005.
• Ishraq: A US$150 million investment company focused on delivering the budget hotel concept across the Middle East, established in 2005.
• MENA Infrastructure Fund: Launched the US$500 million MENA Infrastructure as co-Anchor with HSBC and Waha Capital in 2006. It targets investments in the infrastructure and energy sectors across the Middle East and North Africa.
• Rivoli Group: In 2007, DIC acquired a substantial stake in the UAE-based luxury goods retailer.
• KEF Holdings: DIC acquired a 45% stake in the leading UAE-based foundry in 2008, catering mainly to the oil and gas industry.

Public Equities:

• Daimler AG: acquired a 2% stake for $1 billion in German carmaker Daimler, making it the company's third largest shareholder in 2005.AME Info [http://www.ameinfo.com/52919.html "Dubai Holding entity becomes third largest shareholder in DaimlerChrysler"] {{webarchive |url=https://web.archive.org/web/20081205050638/http://www.ameinfo.com/52919.html |date=5 December 2008 }} It was divested in 2007.
• EADS: acquired a 3.12% stake for $838 million in Europe's largest aircraft and defense manufacturer and Airbus parent company.John, Isaac. [http://khaleejtimes.ae/DisplayArticleNew.asp?xfile=data/business/2007/July/business_July224.xml§ion=business&col=/ "Dubai Int'l Capital buys 3.12pc stake in EADS"] {{webarchive|url=https://web.archive.org/web/20070926224631/http://khaleejtimes.ae/DisplayArticleNew.asp?xfile=data%2Fbusiness%2F2007%2FJuly%2Fbusiness_July224.xml§ion=business&col=%2F |date=26 September 2007 }}, Khaleej Times Online, 2007-07-06. Has since been sold.
• Sony: acquired a 3% stake for $1.5 billion Has since been sold.

On a number of occasions, DIC tried to buy into Liverpool F.C., in part because DIC chief Sameer al-Ansari is a LFC fan and season ticket holder:

• 3 December 2006: DIC and Liverpool revealed that DIC were in exclusive negotiations to potentially buy or invest in the football club.{{cite news| url=http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/6205386.stm | publisher=BBC News | title=Reds revel in £450m takeover talk | date=4 December 2006 | accessdate=2010-05-01}} Liverpool later accepted an offer made by American tycoons, George Gillett and Tom Hicks.{{cite news|url=https://www.forbes.com/afxnewslimited/feeds/afx/2007/01/31/afx3380852.html |title=Dubai International Capital ends takeover talks with Liverpool FC |accessdate=2008-03-10 |date=31 January 2007 |work=Forbes |url-status=dead |archiveurl=https://web.archive.org/web/20070202055209/http://www.forbes.com/afxnewslimited/feeds/afx/2007/01/31/afx3380852.html |archivedate=2 February 2007 }}{{cite news |url=http://football.guardian.co.uk/News_Story/0,,2002949,00.html |title=DIC pulls out of Liverpool deal |accessdate=2008-03-10 |date=31 January 2007 | work=The Guardian | location=London}}{{cite news |url=http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/6318091.stm |accessdate=2008-03-10

|date=31 January 2007 |title=Consortium pulls out of Reds bid | publisher=BBC News}}

• 22 December 2007: DIC looked to invest in the club alongside Gillett/Hicks, as the club's owners suffered financial difficulties. However, Hicks later dismissed holding any talks with DIC and even DIC making a bid for his share.
• 14 February 2008: reported that DIC have 'the outline of an agreement to purchase the Reds from George Gillett and Tom Hicks, and a deal could go through by mid-March' for a sum of around £500M.{{cite news |url=http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/7276383.stm |accessdate=2008-03-10

|title=Hicks plots total control of Reds |date=4 March 2008 | publisher=BBC News}}{{cite news |url=http://www.skysports.com/story/0,19528,11661_3238199,00.html

|accessdate=2008-03-10 |date=4 March 2008 |title=Reports – Reds reject DIC bid |publisher=Sky Sports}} Gillett then announced that he was willing to sell his 50% stake alone to DIC.{{cite news |url=http://www.skysports.com/story/0,19528,11669_3243260,00.html

|accessdate=2008-03-10 |title=DIC deal not dead yet |date=5 March 2008 |publisher=Sky Sports}}

• 10 March 2008: Hicks announced via the Liverpool website that he has terminated further discussions with DIC. Hicks was apparently not willing to allow DIC to be involved in football decisions.{{cite news

|url=http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/7287737.stm |accessdate=2008-03-10

|date=10 March 2008 |title=Hicks ends talks with Dubai group |publisher=BBC Sport News}}

• 15 September 2008: Premier League rivals Newcastle United linked with DIC. However, DIC have stated they are not planning a fresh bid for Liverpool, nor were they in talks with any other side from England's top flight.{{cite news| url=http://www.skysports.com/story/0,19528,11669_4149556,00.html | publisher=Sky Sports | title=DIC not in fresh talks | date=15 September 2008}}

{{Reflist}}

• [http://www.dubaiic.com/ Dubai International Capital – Official Website]

{{Dubai Holding}}

{{Private equity and venture capital}}

Category:Companies based in Dubai

Category:Investment companies of the United Arab Emirates

Category:Private equity firms of the Middle East