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Dutch PE fund buys stake in Kenya macadamia firm
DOB Equity Chief Executive Officer, Brigit van Dijk-van de Reijt (left) flanked by the firms Investment Manager, Saskia van der Mast (centre) join Countryside Dairy Managing Director, George Mwangi (right) in a symbolic toast to celebrate DOB Equity's investment in the Kenyan dairy firm. FILE PHOTO | NMG
Dutch private equity fund DOB Equity has bought a stake in Kenyan-based agro-processing company Ten Senses Africa to help it capitalise on the fast-growing demand for macadamia nuts.
The investment will fund the company’s expansion of its processing capacity and finance the launch of new products.
