date:Jan 23, 2014
The Abraaj Group, a UAE-based private equity investor, has entered into an agreement to acquire majority stake in Turkish dairy firm Yrsan Group, alongside the European Bank for Reconstruction and Development (EBRD).
Yrsan Group is a manufacturer and distributor of quality dairy products. It offers a wide range of products, including yoghurt, cheese, milk and the traditional Turkish drink - ayran.
Abraaj will use its expertise in the dairy industry as well as its networks in growth markets to