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Catalyst Principal Partners acquires 3 African mattress manufacturers

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Catalyst Principal Partners acquires 3 African mattress manufacturers

Kenyan private investment firm Catalyst Principal Partners bought three mattress manufacturers for an undisclosed sum.

The acquired businesses were Uganda-based Euroflex Ltd., Malawi-based Vitafoam Ltd. and Kenya-based SuperFoam Ltd., which will be combined to form Mammoth Foam Africa, held by the new entity Catalyst Mattress Africa.

The management team of Euroflex will remain in the business after the merger.

StratLink was exclusive adviser to Euroflex and Vitafoam.