Announced
Synopsis
DPI-backed Dolido, a manufacturer and distributor of mattress products, agreed to acquire Mouka, a foam mattress manufacturer, from Actis, a private equity firm, for $60m. “Today’s announcement represents an important milestone for our company and creates a regional champion in North and West Africa well placed to serve the fast growing African market. We are looking forward to partnering with Ray Murphy and his management team as we focus on achieving our expansion strategy across the continent," Saad Berrada, Dolidol Chairman.
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