Dubai's Abraaj buys majority stake in Nigerian mattress maker

Dubai-based Abraaj Group on Tuesday announced the acquisition of a majority stake in Mouka Limited, a leading mattress manufacturer in Nigeria.

In partnership with the Moukarim family, Abraaj acquired its stake from previous shareholders, Actis and the founding family, with the latter retaining a minority stake in the company. No value was given for the deal.

http://www.arabianbusiness.com/dubai-s-abraaj-buys-majority-stake-in-nigerian-mattress-maker-598833.html#.VZy_pF-qqkp