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Akin Advises Helios on Acquisition of Significant Minority Stake in Merec Industries

Reported by Akingump
Oct 28, 2026· 2 min read
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Key Takeaways
  • • Helios Fund V has agreed to acquire up to a 49% interest in Stratton Africa Holdings Limited from Invictus Investment, according to the publisher summary of the Akin announcement.
  • • Stratton Africa Holdings is the holding company of Merec Industries, described as Mozambique's largest flour milling company.
  • • The partnership pairs Helios' Africa-focused investment experience with Invictus Investment's expertise across the agro-food value chain.
  • • The transaction is expected to close by the end of 2026, subject to customary conditions including regulatory approvals.
  • • Akin advised Helios; the team was led by corporate partner Shaun Lascelles, with counsel George O'Malley-Knowles and associate Alexandra Smith.
Summary
Akin, the international law firm, advised Helios Investment Partners on the agreement by Helios Fund V to acquire up to a 49% interest in Stratton Africa Holdings Limited. The seller is Invictus Investment. Stratton Africa Holdings is the holding company of Merec Industries, which the announcement describes as Mozambique's largest flour milling company.

Helios, characterized as a leading Africa-focused private investment firm, is positioning the deal as a means of supporting Merec's growth strategy in Mozambique and across the wider Southern African Development Community region. The partnership is intended to combine Helios' experience backing market-leading businesses across Africa with Invictus Investment's expertise across the agro-food value chain.

The transaction is expected to close by the end of 2026, subject to customary closing conditions, including regulatory approvals. The disclosed information does not include a purchase price or valuation. The Akin team was led by corporate partner Shaun Lascelles and included counsel George O'Malley-Knowles and associate Alexandra Smith. Akin has more than 1,100 lawyers across offices in the United States, Europe, Asia and the Middle East.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Akingump Akin Advises Helios on Acquisition of Significant Minority Stake in Merec Industries