The Abraaj Group Acquires a Majority Stake in Mouka from Actis (Sub-Saharan Africa)

Source: Actis, The Abraaj Group

Global growth markets investor The Abraaj Group has acquired a majority stake in Nigeria-based mattress manufacturer Mouka from pan-emerging markets private equity firm Actis and the company’s founding Moukarim family, which will retain a minority stake. Actis originally invested in the company in 2007. Abraaj and the Moukarim family will focus on expanding Mouka’s product line into adjacent categories within the bedding space. Financial details of the transaction were not disclosed.