17/04/2025
Equitane has signed a definitive agreement with Olam Group Limited to acquire its 32.4% equity stake in ARISE P&L Limited, a ports and logistics company.
The acquisition, valued at US$ 175 million is set to expand Equitane’s growing portfolio in infrastructure and logistics.
With this acquisition, Equitane continues to strengthen its position as a key player in developing sustainable infrastructure solutions in high-growth regions.
ARISE P&L, a leading Pan-African logistics provider, operates an extensive network of ports and logistics hubs critical to the African market economy.
This strategic transaction follows Equitane's earlier acquisitions stake in ARISE IIP and ARISE IS in 2022, reinforcing the company’s commitment to enhancing infrastructure in key regions.
https://zurl.co/r0Ui4
Dubai, UAE – Equitane DMCC (“Equitane”), previously known as the Africa Transformation and Industrialization Fund, is pleased to announce entering into a definitive agreement with Olam Group Limited to acquire its 32.4% equity stake in ARISE P&L Limited (“ARISE P&L” or “ARISE Ports &Logi...