(MENAFN- Khaleej Times)In partnership with the Moukarim Family Abraaj acquired its stake from previous shareholders Actis and the founding family.
The Abraaj Group a private equity investor announced the acquisition of a majority stake in Mouka Limited a mattress manufacturer in Nigeria. In partnership with the Moukarim Family Abraaj acquired its stake from previous shareholders Actis and the founding family with the latter retaining a minority stake in the company.
Moukarim Metalwood Factory Limited the precursor of Mouka Limited was established in Kano Nigeria in 1959 producing furniture and allied metal products for the bedding industry.
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