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Asset SalesData

Invictus Investment to sell 49% stake in Merec Industries

Helios Fund V acquires minority holding in Mozambique flour miller while UAE-listed seller retains majority control.

Aerial view of industrial silos next to a truck at a grain facility in Red Wing, Minnesota.Photograph by Tom Fisk on Pexels

Invictus Investment has agreed to sell up to 49 percent of Mozambique flour miller Merec Industries to Helios Fund V. The UAE-listed seller will retain majority control of the asset following completion of the transaction.

Transaction structure#

The disposal involves a minority stake in Merec Industries, with Invictus Investment maintaining its majority holding. Helios Fund V is acquiring the stake. The agreement covers up to 49 percent of the Mozambique-based flour milling operation. No financial terms were disclosed in the announcement. The transaction is subject to customary closing conditions. No completion date was stated in the published material.

Asset profile#

Merec Industries operates as a flour miller in Mozambique. The company is held by Invictus Investment, which is listed in the United Arab Emirates. The asset forms part of Invictus Investment's portfolio of holdings. No production capacity figures or operating results were disclosed. The business is based in Mozambique and serves the local market. No expansion plans or capital expenditure commitments were announced alongside the transaction.

Buyer background#

Helios Fund V is the acquiring party in the transaction. The fund is taking a minority position in the flour milling operation. No further details about the fund's investment strategy or portfolio were provided in the announcement. The buyer will hold up to 49 percent of Merec Industries following completion. No board representation or governance arrangements were disclosed. The fund's investment thesis and target sectors were not stated in the published material.

Ownership outcome#

Invictus Investment will continue to hold the majority stake in Merec Industries after the disposal. The seller remains the controlling shareholder of the Mozambique flour miller. The transaction reduces Invictus Investment's holding while maintaining its majority position. No further asset sales or portfolio adjustments were announced. The parties did not disclose any operational changes planned for Merec Industries following the transaction. No management changes were stated in the announcement.

Sources1 source across 1 domain

  1. forbesmiddleeast.comForbes Middle EastInvictus Investment agrees to sell up to 49% of Merec Industries to Helios Fund V while retaining majority control

Each source above carries the claim it supports. Links open the publisher's own page; their text is not reproduced here beyond what the claim requires, and their rights remain theirs.

Filed underinvictus investmentmerec industrieshelios fund vmozambiqueflour millingstake sale

Equity Arabia is published by Arabian Media Network. Pieces are produced by the Asset Sales Desk with AI-assisted synthesis of the cited sources and automated verification against the network's editorial policy. Every piece carries a desk rather than a reporter. Corrections are recorded on the piece and on the corrections page.

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