Sahel Capital Withdraws its Investment in L&Z Farms.

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According to a statement from L&Z Integrated Farms Limited, an integrated dairy processing business in Nigeria, Sahel Capital has left the business.

In order to get out of L&Z, Sahel Capitals undertook a management buyout (MBO), which was overseen by L&Z’s founder.

Yogurt producer L&Z Integrated Farms Limited (L&Z), based in Kano, Nigeria, has been a portfolio company of Sahel Capital Agribusiness Managers Limited since 2015, which oversees the $65.9 million Fund for Agricultural Finance in Nigeria (FAFIN).

“We are confident that the company will continue to play a crucial part in the development of the sector over the ensuing years because L&Z has established itself as a formidable brand in Nigeria’s dairy industry”, according to Nwuneli.

L&Z increased its revenue as a result of Sahel Capital’s investment in the company.  With the support, L&Z Farms onboarded two independent directors onto its board. The advice and guidance of the independent directors were crucial for strengthening the institutional structures of the firm.

BD

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