Norfund USD 15m investment in Texplast Industries (East African packaging)
- Value
- US$15m
- Date
- 4 August 2026
- Transaction type
- Equity Financing, Private Equity
- Practice area
- Private Equity and Venture Capital
- Jurisdiction
- Kenya
- Client
- Norfund (Norwegian government investment fund)
Summary
Norfund USD 15m investment in Texplast Industries (East African packaging). Value as disclosed: 15,000,000 USD.
Part of a wider USD 30m investment to fund an aseptic packaging production facility in Kenya, announced by Norfund on 4 August 2026; facility set for commercial commissioning later in 2026.
Why it matters
Significant / value undisclosed
Scope of legal work
Cliffe Dekker Hofmeyr
Advisers
Other parties
Norfund (Norwegian government investment fund) (acquirer or client); Texplast Industries (counterparty or seller)
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
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