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Article: Emerging Capital Partners Invests in African Tuna Processing and Distribution Company.
- Article from:
- PR Newswire
- Article date:
- January 28, 2009
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Investment in Thunnus Overseas Group, market-leading processor and distributor, further diversifies ECP's portfolio
WASHINGTON, Jan. 28 /PRNewswire/ -- Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, announced today that it has acquired a minority stake in Thunnus Overseas Group, (TOG), a group of companies engaged in tuna processing and distribution in Cote d'Ivoire and Madagascar. The investment of US $28.9 million (euro 21.4 million) -- made in common shares, convertible notes and a senior loan -- will enable TOG to expand its market leader status by increasing production, consolidating ...