Sunday, May 19 2013 10:19 AM EDT2013-05-19 14:19:32 GMT
A Lowndes County man is behind bars after deputies uncovered nearly half a million dollars of marijuana. Deputies responded to a complaint at Jose Sanchez's house on Highway 129 North Friday. AuthoritiesMore >>
A Lowndes County man is behind bars after deputies uncovered nearly half a million dollars of marijuana.
Saturday, May 18 2013 11:42 PM EDT2013-05-19 03:42:03 GMT
Hundreds of people came out to Lake Blackshear Saturday to support law enforcement and the Crisp County Sheriff. It was the first annual pigs in the park event, put on by the Georgia Narcotics Officer'sMore >>
Hundreds of people came out to Lake Blackshear Saturday to support law enforcement and the Crisp County Sheriff.More >>
Saturday, May 18 2013 9:47 PM EDT2013-05-19 01:47:12 GMT
Thomasville Police are looking for two men who attempted to rob a store, scaring customers and clerks. Police say they responded to the Dollar General on West Jackson Street around 9:15pm Friday. EmployeesMore >>
Thomasville Police are looking for two men who attempted to rob a store, scaring customers and clerks.
Saturday, May 18 2013 6:59 PM EDT2013-05-18 22:59:02 GMT
Dougherty County police are searching for a motorist who hit a pedestrian and then fled the scene. Authorities say it happened around 11pm Friday near the 3900 block of Radium Springs Road. PoliceMore >>
Dougherty County police are searching for a motorist who hit a pedestrian and then fled the scene. More >>
Saturday, May 18 2013 6:58 PM EDT2013-05-18 22:58:50 GMT
It's graduation time for high schools in Dougherty County and students are ready to embark on their next journey. 230 graduates received their high school diplomas from Westover Comprehensive High SchoolMore >>
230 graduates received their high school diplomas from Westover Comprehensive High School this Saturday morning.More >>
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NEW YORK, Feb. 18, 2013 /PRNewswire/ -- The Investcorp Gulf Opportunity Fund – along with other affiliates of Investcorp, a leading provider and manager of alternative investment products, announced today that they have agreed to acquire a controlling stake in Hydrasun, an international provider of fluid control equipment and solutions for the global offshore oil and gas sector, from Equistone Partners Europe Limited. The value of the transaction was not disclosed.
Founded in 1976 in Aberdeen, Scotland, Hydrasun has international operational bases in the United Kingdom, Middle East, the Netherlands, Caspian Sea, Brazil, West Africa and the Gulf Coast of the United States. Hydrasun is specifically engaged in the integration, manufacture and testing of hydraulic equipment and fluid connectors for the offshore oil and gas sector. Its products and services are mainly used across the offshore oil and gas sector with further application in the petrochemical sector. The company employs approximately 600 personnel and has state-of-the-art engineering, production, manufacturing, training and warehousing facilities.
Hazem Ben-Gacem, Head of Investcorp's European corporate investments activities, commented: "Hydrasun offers a unique and fully integrated range of products and services to the oil and gas sector. Given the continuing rapid demand in the sector, we look forward to working with Hydrasun's experienced management team as it continues to diversify the range of products and services it offers and expand into new geographies."
Bob Drummond, Chief Executive of Hydrasun, said: "We are delighted to partner with Investcorp given their previous success in investing in the international oil and gas sector coupled with their global network and deep rooted heritage in the Gulf. We believe this transaction will enable us to continue to grow organically and pursue strategic acquisitions to further accelerate our international footprint."
Hydrasun's key competitive advantage is its ability to manufacture in-house and customise product solutions for its clients, supply a broad and differentiated product portfolio and deliver a flexible, timely and high quality service. It has a significant number of blue chip customers and has worked for leading regional and global oil and gas operators, drilling contractors and service companies including British Petroleum, General Electric, Petrobras and Transocean.
About Investcorp Investcorp is a leading provider and manager of alternative investment products. Investcorp has offices in New York, London and Bahrain and is publicly traded on the Bahrain Bourse (INVCORP). Investcorp has three business areas: corporate investment in the US, Europe and the Gulf, real estate investment in the US and global hedge funds. As at December 31, 2012, Investcorp had $11.5 billion in assets under management. Further information is available at www.investcorp.com.