Dolidol to acquire Nigerian mattress manufacturer Mouka with DPI fund backing

The Moroccan leader in bedding has acquired Mouka, a former holding of the Abraaj fund, for $60 million. Dolidol’s shareholder, the British DPI, is backing it up by buying a 25% stake in Mouka.

29/11/2021 at 17h41, by Africa Business+

A subsidiary of Palm Indus (Palmeraie Holding – Bgroup), the Moroccan mattress and bedding manufacturer Dolidol, headed by Mohamed Lazaar, recently acquired the Nigerian leader in the sector Mouka Foam.

Recommended articles

Consumer goods

06/10/2023 at 17h34, by Africa Business+

Mari Fala head Abdoulaye Diallo taps €12m IFC finance for new Conakry furniture factory

As the sector leader in Guinea, the family-owned furniture group continues to expand. It plans to triple...

Private Equity

02/02/2022 at 17h45, by Africa Business+

AfDB Board of Directors to soon decide on AfricaGoGreen Fund

The AfDB is considering taking a stake in the fund. 

Agribusiness

06/01/2022 at 16h28, by Africa Business+

Magriser (Amethis), CMGP-CAS (DPI/AfricInvest) and others to mitigate Souss-Massa water deficit

Leaders of Moroccan irrigation will take part in the works in this agricultural region of the Kingdom.

Private Equity

23/12/2021 at 14h43, by Africa Business+

Eiffel Investment Group launches Africa renewable energy fund

The private equity firm – which manages €3.5 billion in assets – is interested in the continent with...

Consumer goods & Retail

20/12/2021 at 12h51, by Africa Business+

Catalyst Partners to invest heavily in mattress sites in East and Southern Africa

Mattress producer owned by Paul Kavuma’s fund is planning a ramp-up. 

Private Equity

08/12/2021 at 17h32, by Africa Business+

Uhuru Investment Partners prepares first transactions

The founding trio anticipates a busy start to 2022.

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com