Formica completed the investment in Elevera Education.

Formica, an investment company, completed the investment in Elevera Education, a provider of Higher Vocational Education. Financial terms were not disclosed. Elevera provides both social and economic positive impact to society. Graduating students improve their livelihoods with educations better suited to the need of society. Unemployment is hence reduced and the tax base increases through a higher educated and more well-equipped workforce.