Actis Invests 760m Rand in Food Lover’s Market
Investment incl. funding to pursue expansion in South Africa, sub-Saharan Africa, Actis says in e-mailed statement.
* Food Lover’s Market, founded by Brian and Mike Coppin, has 120 outlets in 11 African countries;
* Co. operates >200 FreshStop stores at Caltex gas stations, Market Liquors, import-export business; recently acquired Seattle Coffee. Source: Bloomberg