Announced
Completed
Financials
Sources
Tags
Friendly
Food Products
canned foods
Completed
Tunisia
Acquisition
Private Equity
Single Bidder
tomato processing
Private
Minority
canned tomatoes
Synopsis
Development Partners International, a pan-African private equity firm, completed a $56m investment in SICAM, a Tunisian tomato processing and agri-business owned by The Bayahi Group. "We are pleased to be investing in SICAM. The agri-business industry presents an excellent way for DPI to deliver both financial returns while making an impact on the lives of SICAM stakeholders," Runa Alam, DPI CEO.
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