Amethis Holds First Close for Africa Europe Expansion Fund.
Amethis – a partner member of Edmond de Rothschild Private Equity – is a leading player in private equity dedicated to growth SMEs and ISEs in Africa and Europe with more than €1 billion under management and 45 employees in six countries.
The team has already made its first investment by acquiring his 75% stake in the French company Groupe Office Automation, together with the management team led by Philippe Richieux, to strengthen the company’s position in the market.
AEE’s initiative will enable the company to accelerate its commercial expansion in France and Africa, increase sales of remanufactured equipment and reduce the carbon footprint of the company and its customers.
His second deal in Spain in the cosmetics sector has been completed and the pipeline of potential deals is now very strong. Edmond de Rothschild Private Equity is an independent entity within Edmond de Rothschild with over CHF 3.6 billion under management.