Investec sells Daraju Nigeria back to the parent company

Investec Asset Management Private Equity has sold its minority stake in Daraju, a manufacturer of personal household care products in Nigeria. Daraju has developed some of Nigeria’s popular local brands which include MyMy, Fiby, Farha and Green which are found in all 36 states of the country. Investec has held this minority stake since 2013 and has sold it back to parent company Ashwah Holdings.

 

Posted in .

Leave a Reply

Your email address will not be published. Required fields are marked *