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Announced

Kijani to acquire Geneslab from Actis.

Synopsis

Kijani, an asset manager specializing in national agribusiness, agreed to acquire Geneslab, a provider of testing, inspection and certification services, from Actis, a global investment firm. Financial terms were not disclosed. “It is strategic both for us at Kijani and for Geneslab. In addition to continuing the development of the company, we will have the participation of the founding partners on a daily basis. This operation represents the essence of what we at Kijani preach in our investment theses: empowering great entrepreneurs. We will be present, adding both our experience in management – ​​strengthening governance, professionalization and capital structure – and our vast network of relationships in agribusiness, in order to support entrepreneurs in what they do best, building great businesses," Bruno Santana, Kijani CEO and Founder.

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