# AFIG Funds and Norfund acquire Ivorian packaging maker Nouvelle Mici Embaci

AFIG Funds and Norfund announced the joint acquisition of Nouvelle Mici Embaci, a corrugated packaging and polypropylene bag maker in Cote d'Ivoire, to fund modernisation and regional growth.

- Type: Acquisition
- Announced: 2023-07-03
- Where: Côte d’Ivoire
- Status: completed
- Products: corrugated packaging, polypropylene bags, industrial printing services
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Norfund](https://endata.com/companies/10604.md) (investor)
- [AFIG Funds](https://endata.com/companies/10605.md) (acquirer)
- [Nouvelle Mici Embaci](https://endata.com/companies/10606.md) (target)
- [Groupe Carre d'Or](https://endata.com/companies/10745.md) (partner)

## Sources

- [africaprivateequitynews.com](https://www.africaprivateequitynews.com/p/afig-funds-invests-in-west-african-packaging-company), 2023-07-03: "Private equity firm Advanced Finance and Investment Group (AFIG Funds) and Norfund have announced the joint acquisition of Nouvelle Mici Embaci (NME)."

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