Mergence acquires remaining PE stake in Lesotho trout farm

Mergence Investment Managers (Lesotho) has acquired the remaining 51% of the shares in Sanlei Premium Trout, an integrated aquaculture producer of Africa’s largest sushi-grade trout. The stake was sold to Mergence by the former co-investor, a private family capital fund.

The investment sits in Mergence’s Lesotho Private Equity Fund. The fund’s main investor is the largest pension fund in Lesotho.

As a commercial-scale rainbow trout farm, Sanlei is located ...

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