Mauritius PE firm Adenia to buy insurance broker Minet

Mauritius-based private equity firm Adenia Holdings is set to acquire insurance broker Minet as part of a pan-African deal that also expands its Kenyan portfolio, which includes supermarket chain QuickMart Limited.

Minet (Mauritius) Holdings Limited is incorporated in Kenya and offers insurance brokerage, consulting, claims management, insurance fraud investigation and pension fund administration services.