# Vantage Capital acquires controlling stake in Aquasantec International

Vantage Capital invested $25 million in Aquasantec International, acquiring a controlling shareholding via mezzanine debt and equity in a leveraged management buy-out.

- Type: Acquisition
- Announced: 2023-06-01
- Where: East Africa, Kenya
- Value: $25.0M
- Status: announced
- Capacity: moulding capacity over 12,000 tons annually, extrusion capacity over 15,000 tons annually
- Products: water tanks, pipes, drums, septic tanks, grain silos, pallets
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ramco](https://endata.com/companies/24756.md) (partner)
- [Vantage Capital](https://endata.com/companies/71570.md) (acquirer)
- [Aquasantec International](https://endata.com/companies/71571.md) (target)
- [Terra Mauricia](https://endata.com/companies/71572.md) (partner)

## Sources

- [vantagecapital.co.za](https://www.vantagecapital.co.za/vantage-capital-invests-25-million-in-aquasantec-international/), 2023-07-21: "Vantage invested $25m into Aquasantec in June 2023, in the form of mezzanine debt and ordinary equity, acquiring a controlling shareholding in the Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.