Acquisition
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Private equity veteran Kofi Kwakwa’s firm acquires Ghanaian textile icons GTP and Woodin.
Ghanaian investment firm Olive Africa Partners Fashions has acquired TexStyles Ghana, the company behind two of Ghana’s best-known textile brands, GTP and Woodin. The acquisition gives the Ghanaian-owned investment company full ownership of TexStyles Ghana after buying the entire shareholding held by Dutch textile group Vlisco BV. The deal was led by Kofi Kwakwa, a…
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Ghana’s consumer intelligence platform Safiyo acquired by ACKWEST Group.
ACKWEST Group, the consumer insights and marketing services acquisition holding company, has acquired Safiyo for an undisclosed sum. The move aims to extend the group’s reach in emerging markets and enhance its modern data creation capabilities. The transaction marks the fourth acquisition since the group was established last year. Founded in 2020 by Stephan Eyeson…