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

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.