Cepheus Capital Acquired Minority Stake in Tarbor Ceramics
Posted On: 22 Nov 2019 | Source(s): Cepheus Growth Capital Partners
Ethiopia-focused fund manager Cepheus Growth Capital Partners has acquired a minority stake in Tabor Ceramics Products, an Ethiopia-based ceramic products manufacturer. The company, which produces tiles, sanitary ware, tableware, and ceramic insulators, will use the equity investment to expand production and launch a new product line. Financial details of the transaction were not disclosed.