Beloxxi Industries Limited

Company Name: Beloxxi Industries Limited
Geography: Nigeria
Sector: Consumer Goods
Investment Type: Growth Capital
Year: 2016 Q3
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In August 2016, an investment consortium led by 8 Miles LLP, and made up of 8 Miles, African Capital Alliance (ACA) and Deutsche Investitions und Entwicklungsgesellschaft (DEG), acquired a 40% stake in Beloxxi Industries Limited, a market leading Nigerian biscuit manufacturing company with one of the most popular cream cracker brands in the market.

Beloxxi operates several production lines from its plant in Agbara, Ogun State and multiple warehouses across the country. The Company employs about 2,300 people and operates through a network of about 400 distributors.