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Article: Emerging Capital Partners Invests in African Tuna Processing and Distribution Company.(Company overview)
- Article from:
- PR Newswire Europe
- Article date:
- January 28, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, January 28 /PRNewswire/ --
- Investment in Thunnus Overseas Group, market-leading processor and distributor, further diversifies ECP's portfolio
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, ...