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New Deal


Announced

Completed

Persianas Investment-backed Ketron Investment completed the acquisition of Shoprite Nigeria.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Nigeria

Single Bidder

Majority

Acquisition

Friendly

supermarket chain

Private

Private Equity

Food Retailers and Wholesalers

Domestic

Synopsis

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Persianas Investment-backed Ketron Investment, an investment company, completed the acquisition of Shoprite Nigeria, a company operating in the supermarket, produce distribution, furniture retailing, and property holding industries. Financial terms were not disclosed. “We look forward to building an even stronger company following our acquisition and are excited about the greater impact we will achieve to the benefit of our customers and other stakeholders now and well into the future," Tayo Amusan, Ketron Chairman.

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