AG Group and Africa Capital Announce a Strategic Partnership to Acquire Private African Companies
14 October 2016
The AG Group, a diversified Africa-based group, and Africa Capital, a leading pan-African investment firm focusing on investing into private African companies, today announced a new strategic partnership. The partnership will combine AG Group’s expertise in global best practices, local markets and international distribution, sourcing & retail relationships with Africa Capital’s innovative and bold solutions to acquiring and developing private companies on the African continent.
Together AG Group and Africa Capital are seeking to acquire mature consumer companies with strong established, market-leading brands & products of broad appeal, and the opportunity to substantially grow earnings by partnering with and empowering great management teams.
Chris Pretorius, Group CEO, AG Group commented: “As Africa enters a new era of opportunity with the rise of the African middle class and considerable population growth in the region, we strongly believe that there is potential for significant value creation both for AG Group & Africa Capital, but also for the entrepreneurs in the respective markets & industries. We are very pleased to form a strategic relationship with Africa Capital.”
Africa Capital’s leadership team will be located at AG Group’s new Global Head office located in Claremont, Cape Town to enable close co-operation and support continued acquisitions of market-leading African companies.
Back to Press Releases >
The AG Group, a diversified Africa-based group, and Africa Capital, a leading pan-African investment firm focusing on investing into private African companies, today announced a new strategic partnership. The partnership will combine AG Group’s expertise in global best practices, local markets and international distribution, sourcing & retail relationships with Africa Capital’s innovative and bold solutions to acquiring and developing private companies on the African continent.
Together AG Group and Africa Capital are seeking to acquire mature consumer companies with strong established, market-leading brands & products of broad appeal, and the opportunity to substantially grow earnings by partnering with and empowering great management teams.
Chris Pretorius, Group CEO, AG Group commented: “As Africa enters a new era of opportunity with the rise of the African middle class and considerable population growth in the region, we strongly believe that there is potential for significant value creation both for AG Group & Africa Capital, but also for the entrepreneurs in the respective markets & industries. We are very pleased to form a strategic relationship with Africa Capital.”
Africa Capital’s leadership team will be located at AG Group’s new Global Head office located in Claremont, Cape Town to enable close co-operation and support continued acquisitions of market-leading African companies.
Back to Press Releases >
