AIIM Acquires 60 Percent Stake in DSM Corridor Group (Sub-Saharan Africa)

Source: African Infrastructure Investment Managers

African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments, has acquired a 60 percent effective interest in Tanzania-based dry bulk terminal operator DSM Corridor Group Tanzania (DCG). AIIM invested through strategic holding company African Ports and Corridors Holdings, which will facilitate the acquisition of further terminals and other corridor expansions in the region. Financial details of the transaction were not disclosed.