The fund is designed to make control investments in small- and lower-mid-cap companies across Africa, targeting what the firm describes as the continent’s largest and most undercapitalized segment.
The transaction is expected to be finalized by the end of the year, subject to customary regulatory approvals.
This strategic takeover comes at a pivotal moment for Forafric, which has been grappling with a complex financial restructuring while maintaining its status as a leading player in transforming wheat and producing staple goods like flour, semolina, and couscous.
By adding a specialized bakery arm to its portfolio, LSDH is evolving into a multi-category food powerhouse.
The move reinforces Orior’s strategic ambition to deepen its footprint in the premium fresh pasta segment across Europe.