Mozambique: Helios to acquire 49% stake in Merec Industries

Helios Investment Partners has entered into an agreement to acquire up to a 49 percent interest in Stratton Africa Holdings Limited, the Mauritius-incorporated holding company of Merec Industries, from Invictus Investment. Helios Fund V will acquire the stake in Merec, described as Mozambique’s largest flour milling company. According to the companies, the transaction is expected…

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