Bahrain-based investment house Arcapita has said it had sold its US sports gear maker Yakima to Taiwan's Kemflo International, Reuters has reported. Islamic investment firm declined to provide a value for the sale of the company, which it had bought out in 2001 for about $90m. 'It has been bought by one of its suppliers, who is trying to expand vertically,' an Arcapita spokesman told the news service.
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