Eos Capital to Acquire a Majority Stake in Elso Holdings (Sub-Saharan Africa)

Source: Eos Capital

Namibia-focused private equity firm Eos Capital will acquire a majority stake in Namibia-based cleaning products manufacturer Elso Holdings. The transaction will be structured through Eos Capital’s Allegrow Fund. Elso Holdings plans to use the capital to expand within the Southern African Development Community region. Financial details of the transaction, which is pending regulatory approval, were not disclosed.