Amethis Sells Stake in Dislog Group

Source(s): Africa Capital Digest

Africa-focused private investment fund manager Amethis has reportedly sold its 29 percent stake in Morocco-based consumer goods distributor Dislog Group to H&S Invest Holding, an investment vehicle of the Belkhayate family. In 2018, Amethis took over management of Amethis Maghreb Fund I—formerly known as Capital North Africa Venture II and managed by Capital Invest—which had originally acquired a stake in Dislog in 2013. Financial details of the transaction were not disclosed.