Thursday, December 12, 2019

SA investor in industrials deal

RMB Ventures is mulling over plans to back an industrials company based in South Africa, Eureka D.I.Y Solutions (Eureka).

CDG in Morocco deal

CDG Capital Private Equity has backed SCE Chemicals, an industrial manufacturer based in Morocco. The investor has taken a...

CDG seals 3rd fund II deal

CDG Capital Private Equity has acquired an undisclosed stake in a Morocco-based consumer goods manufacturer and distributor Trarem Afrique SA -sealing its...

Metier & Lereko mull exit

Metier Capital and Lereko Investments are set to sell their stake in South Africa-based industrial manufacturer Astrapak, in a trade sale to UK-based packaging...

I&P buys into Enval

Investisseurs et Partenaires (I&P) has acquired a 35% stake in Enval Laboratoire, an industrial businesses provider based in Côte d’Ivoire. The financial details have...

Blackstar notches 4x on Ferro exit

Blackstar Group has sold its 54% stake in South Africa-based paint and coatings manufacturer Ferro Industrial Products for $30.43 million (R220m). The deal is subject to regulatory approval.

ICEA et al. launch SME fund

Kenya-based Insurance Company of East Africa (ICEA) has partnered with the Norwegian Investment Fund for Developing Countries (Norfund) and Imara Securities to launch a $100 million private equity fund.

Horizon TechVentures fund returns 40%

Horizon Equity Partners has fully realised its Horizon’s TechVentures Fund, achieving an internal rate of return of 40% for its investors.

Aureos acquires 10.4% stake in Senegalese cement compan

Aureos Africa Fund (AAF) has acquired a 10.4% stake in Les Ciments du Sahel(CDS) Senegalese , marking the sixth investment for the fund.