Dutch PE firm DOB Equity has added local agro firm Cropnuts to its Kenyan portfolio after the Competition Authority of Kenya (CAK) granted it and investment firm AHL Venture Partners the go-ahead to jointly acquire the business.
Cropnuts’ core business is carrying out lab tests for soil, water and crops for small, medium and large scale farmers. DOB Equity and AHL Venture Partners are looking to cash in on the growing demand for quality lab testing and agronomy.
