Adenia Partners acquires majority stake in Quick Mart Kenya

  • Adenia Partners, through it’s SPV Sokoni Retail, has acquired majority stake in Kenya’s Quick Mart stores
  • Sokoni Retail had also acquired a majority stake in Tumaini Self Service in 2018
  • The two retail chains will form a single retail operation and will trade under the Quick Mart brand name

For more details:

https://www.businessdailyafrica.com/corporate/companies/-Tumaini-form-giant-retailer-after-merger/4003102-5260782-q8ex7c/index.html