Recapitalising Côte d’Ivoire’s SIBM to grow a regional presence: the inside story

Recapitalising Côte d’Ivoire’s SIBM to grow a regional presence: the inside story

With the Côte d’Ivorian Khady Kone-Dicoh at the helm, the investment fund Amethis will take a minority stake of some €25 million in the Abidjan-based concrete manufacturer. The operation is being carried out with the management and some of the shareholders.

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            ▪ Recapitalising Côte d’Ivoire’s SIBM to grow a regional presence: the inside story

▪ With the Côte d’Ivorian Khady Kone-Dicoh at the helm, the investment fund Amethis will take a minority stake of some €25 million in the Abidjan-based concrete manufacturer. The operation is being carried out with the management and some of the shareholders.

https://www.africabusinessplus.com/en/811117/recapitalising-cote-divoires-sibm-to-grow-a-regional-presence/

Khady Kone-Dicoh, a partner in the Amethis fund and head of the Abidjan office, led the investment discussions with the shareholders and management. The arrival of Amethis is to accelerate the modernisation of the company, particularly its eight factories in the provinces, and to support a future first international presence. The priority is Senegal, where a legal subsidiary is being set up through the acquisition and creation of an industrial site.

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