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
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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