We are pleased to have acted as legal counsel to Yikodeen Company Limited ("Yikodeen"), the subsidiary of Yikodeen Africa Corporation, the Mauritius-incorporated holding company and a prominent manufacturer of quality footwear and leather products in Nigeria. This engagement was in connection with a strategic equity investment by Aruwa Capital Fund II. This significant investment is poised to enhance Yikodeen’s factory operations, facilitate the acquisition of new machinery, boost production capacity, and strategically expand its market presence.
This transaction represents a significant milestone in Nigeria's manufacturing landscape and demonstrates growing investor confidence in African industrial enterprises. We remain committed to supporting businesses like Yikodeen that are driving economic growth and employment opportunities across the African continent.
The transaction was led by our Mergers, Acquisitions and Private Equity team comprising Simisola Eyisanmi, Melody Ibegbulam, Chukwuebuka Okoli-Akirika and Wuraola Oyeniyi.