2023-05-01 16:09:51
This is one of the outstanding deals of this beginning of the year. The Solevo group, a former subsidiary of Louis Dreyfus Commodities, changes ownership after five years in the hands of of Helios Investment Partners and Temasek. Behind the acquisition, there is another big name in private equity in Africa, the pan-African fund Development Partners International (DPI). With a portfolio of some three billion dollars, the manager founded by Runa Alam and Miles Morland has taken over a central player in the landscape. agri-food African.
The distributor, active for seven decades in African markets, offers inputs and specialty chemicals to large groups such as OCP but also to small farmers. A segment in which it claims more than a million customers today.
Read on Africa Business+ : DPI finally gets the hang of it on I used to
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