Agri-Vie Invests in Cape Olive Holdings (Sub-Saharan Africa)

Source: Agri-Vie

Sub-Saharan Africa-focused private equity fund Agri-Vie, which targets food and agribusiness investments, has acquired a 63 percent stake in South Africa-based table olive supplier Cape Olive Holdings. The company intends to use the new capital to increase its penetration in the food services sector and exports into Africa. Financial details of the transaction were not disclosed.