SPE Capital has acquired Vital, a Tunisian based nutritional supplement producer. Vital began operations in 2000 and has become a well-known brand in Africa and the rest of the world. The company has over 400 products in its stable and over 400 employees who contribute to the production of over 8-million supplements. The acquisition amount or the stake acquired was not disclosed.
SPE Capital is a private equity fund that invests across 30 markets in Europe, Africa and the Middle East. In Africa SPE Capital invests in a variety of sectors including education, healthcare, manufacturing and business services. Ths portfolio mainly consist of consumer-facing industries across North Africa and the Middle East. The firm has dedicated teams in Tunis (Tunisa), Casablanca (Morocco), Cairo (Egypt) and Abidjan (Côte d’Ivoire) with a fund size that was deployed in the region of US$250-million.