Naivas supermarket chain – acquiring consortium takes a further significant interest

9 October 2026 Public record

Value
Undisclosed
Date
9 October 2026
Transaction type
Acquisition
Practice area
Mergers and Acquisitions
Sector
Consumer and Retail
Jurisdiction
Kenya
Client
Consortium of IBL, Proparco, DEG and Mambo Retail

Summary

Naivas supermarket chain – acquiring consortium takes a further significant interest.

Lead partner Joseph Ng’ang’ira advised the acquiring consortium on a further significant interest in the Naivas supermarket chain (2024).

Why it matters

Significant / value undisclosed

Scope of legal work

Kaplan & Stratton

Advisers

Other parties

Consortium of IBL, Proparco, DEG and Mambo Retail (acquirer or client); Naivas (Kenya) (counterparty or seller)

Sources

Compiled by Meridian from the public announcements and filings listed under Sources.

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