In June 2006, Arcapita acquired Paroc. Paroc was the leading manufacturer of insulation products headquartered in Finland, which occupied the number one position in each of its core markets of Finland, Sweden and the Baltics during the time of the acquisition.
Private Equity
United States
2012
In light of the current COVID-19 outbreak and its impact on the global economy, we are reaching out to update you on Arcapita and our global operations.
We continue to operate from Bahrain, Atlanta, London and Singapore. We are actively monitoring the situation and are in close contact with the relevant authorities, and are taking the necessary precautions to ensure business continuity across our global business lines. These precautions include a robust, regularly tested contingency plan that will allow us to operate without disruption and ensure the wellbeing of our employees and stakeholders.
We believe in the resilience of our investment philosophy and the areas where we and our investors have deployed capital. We are constantly monitoring the evolving situation in order to make informed decisions with respect to our portfolio and investment strategy.
We will continue to keep you updated and we wish good health for you and your loved ones. God willing we will all get through this period safe and well.
If you have any questions or if the Arcapita team can assist you in any way at this time, please do not hesitate to contact us.
Sincerely,
Atif A. Abdulmalik
Chief Executive Officer