Phatisa, through its Phatisa Food Fund 2, along with Masimong Chemicals and Sabvest Finance and Guarantee Corporation, have agreed to sell their combined 100% stake in Rolfes Holdings – a South Africa-based provider of food ingredients and diversified chemicals – to Solevo, a pan-African speciality chemicals distributor. Solevo will also sell a 12.5% interest in Rolfes to Afropulse Group, a long-term capital investor, as part of a partnership to continue growing the business. Financial te...

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