Sellers in Sale of 60% of Byrne Equipment Rental to GFH - News Summed Up

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Sellers in Sale of 60% of Byrne Equipment Rental to GFH


Cleary Gottlieb represented the sellers in the sale to GFH Financial Group B.S.C. (GFH) of 60% of the share capital of Byrne Equipment Rental LLC (Byrne), one of the GCC’s leading industrial services and equipment rental providers, with an investment and capex program valued at approximately $400 million. Founded in 1992 in Dubai, Byrne has grown to become one of the largest plant and equipment rental companies in the Middle East, offering a comprehensive “one-stop-shop” rental model. GFH is a leading GCC-based diversified financial group with operations and investments across the GCC, US, Europe, the U.K, North Africa, and India. GFH is listed on four stock exchanges, including the Bahrain Bourse, Boursa Kuwait, Abu Dhabi Securities Exchange and Dubai Financial Market.


Source: The North Africa Journal February 06, 2026 15:00 UTC



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