Announced
Financials
Sources
Tags
Cross Border
Kenya
Acquisition
Pending
Uganda
E-commerce
Majority
Single Bidder
Private
Friendly
classifieds marketplace
Synopsis
Autochek, a Nigerian automotive tech company, agreed to acquire Cheki Kenya and Uganda, an online car classified for dealers, importers, and private sellers, from ROAM Africa, an online marketplaces company. Financial terms were not disclosed. "Cheki Kenya has always been sort of the crown jewel. At the time, when we completed the Nigeria and Ghana acquisition, it wasn’t a conscious effort to make this happen, but it’s great that it happened," Etop Ikpe, Autochek CEO.
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