A major London PE fund invests €33m in Bayahi Group

In March, Tunisia’s leading canned foods company, Sicam (Bayahi Group), officially carried out a significant capital increase of 105 million Tunisian dinars (€33m), bringing its total capital up to 150 million dinars (€47.5m).

09/04/2020 at 16h32, by Africa Business+

According to our information, the capital increase comes on the back of the arrival of a London-based private equity firm – which owns $1.5bn (€1.37bn) in assets in Africa and cannot be named at this time – in Sicam’s share ownership.

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