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Ascent Rift Valley Fund acquired Metro Plastics Kenya Limited, a manufacturer of PVC and PPR water pipes and fittings, through an asset carve-out into a new entity called Metro Concepts East Africa Limited.
“Ascent Rift Valley Fund (ARVF), an SME Private Equity Fund investor, has increased its investment presence in Kenya through the acquisition of Metro Plastics Kenya Limited.”nairobibusinessmonthly.com
Summarized from public sources; check the original articles before acting on it.