Affirma Capital exits African beverage can manufacturer to Oppenheimer Partners

Affirma Capital (formerly Standard Chartered Private Equity) has exited its investment in the GZI Group to Oppenheimer Partners.

GZI is a manufacturer and producer of aluminium cans for global blue-chip beverage brands in Africa. The group supplies beverage cans into key regional markets across sub-Saharan Africa.

Affirma first invested in GZI in 2012, increasing its stake to 37.5% during its ownership period. Affirma led GZI’s expansion in Nigeria, launching the group’s sec...

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