© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.
Posted 23rd July 2015

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

View Biography
Image

Spice Capital, the Swiss private equity company that targets investments in the Asia Pacific, Sub-Saharan Affrica and Latin America,  has invested $5 million alongside Helios Investment Partners for a significant minority stake in Africa Oil Corporation, an East African exploration and production company. The size and structure of the stake were not disclosed.

Africa Oil Corporation (AOC), which has a dual listing on the Toronto and Nasdaq Stockholm Stock Exchanges, is an East African-focused oil company with footprint covering 7 oil blocks across Kenya and Ethiopia. AOC’s operating partner is Tullow, the leading E&P group with a long standing presence in Africa. AOC’s management team is backed by the Lundin Group, a successful investor in both the sector and the region.

Spice Private Equity has a long standing relationship with Helios’ principals and it has made a commitment to its current fund. This investment is the firm’s frist co-investment on the sub-Saharan region following its recent strategic repositioning.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
3 Sales Tips That Will Transform Your Business
Strategy
18/09/20203 Sales Tips That Will Transform Your Business

An effective sales team can completely transform a business’s fortunes. With the right leadership, your sales staff can become the linchpin of your entire organisation. Here are three tips for training a sales team to have a transformative effect on your bus

Read Full PostRead - Eye Icon
CEO of the Year, Switzerland
Leadership
18/03/2016CEO of the Year, Switzerland

CEO of the Year, Switzerland.

Read Full PostRead - Eye Icon
Digital Strategy 101: The Basics in Developing And Modernising Your Business
News
02/09/2022Digital Strategy 101: The Basics in Developing And Modernising Your Business

Many businesses were moving towards digital transformation but this transformation has been sped up by the Covid pandemic. Worth some $469.8 billion in 2020, the market is expected to grow to $1,009.8 billion by 2025. That means many organisations are looking

Read Full PostRead - Eye Icon
United States LED Lighting Market to Reach $5.2 Billion in 2015
Finance
13/04/2015United States LED Lighting Market to Reach $5.2 Billion in 2015

Declining LED prices coupled with supportive government initiatives driving US LED lighting market.

Read Full PostRead - Eye Icon
The Importance of a Personal Injury Attorney
Legal
18/05/2023The Importance of a Personal Injury Attorney

Suffering an injury due to someone else’s negligence can be a devastating experience, both physically and emotionally. In such situations, hiring a personal injury lawyer is crucial to protecting your rights and securing fair compensation.

Read Full PostRead - Eye Icon
Team Building – is Sailing the Answer?
News
03/01/2023Team Building – is Sailing the Answer?

No matter how big or small your organisation is, there is always a call for creating a better team environment. This aids not only better communication between departments (which can make for faster and better solutions to business issues) but also increased r

Read Full PostRead - Eye Icon
How To Transition From a Truck Driver to a Trucking Business Owner
News
07/02/2023How To Transition From a Truck Driver to a Trucking Business Owner

Working as a truck driver means that you experience something new every day. Traveling around the country as a truck driver allows you to make money doing something you love.

Read Full PostRead - Eye Icon
Offsite Team Building: Does Your Company Need It?
News
30/01/2023Offsite Team Building: Does Your Company Need It?

Team building is, in the broad sense of the term, the process of forming and improving a team. Ideally, this is a complex of diverse activities aimed at forming an effective team, competent distribution of roles, and productive interaction of team members.

Read Full PostRead - Eye Icon
Strive, Committed, Synchronised, Inspired
News
01/09/2022Strive, Committed, Synchronised, Inspired

Established in 1957 as Qatar’s first registered company, Milaha began its journey as a shipping agency, and it strategically developed over the next six decades to become one of the largest maritime and logistics service providers in the region.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow