Industry Newsroom

Enko Capital Managers to Exit Dubai’s Logistics Company AMI Logistics

Enko Capital Managers has agreed to sell its minority stake in Dubai-based logistics company AMI Logistics to CEVA Logistics, a subsidiary of CMA CGM. AMI’s founders have also agreed to divest their stakes in the company. Enko originally invested USD7m via its Enko Africa Private Equity Fund (EAPEF) in 2017. The details of the transaction are undisclosed. Read more