Convertible Debt Investment into Coconut Holdings Limited by Stichting DOB Equity01-Sep-18
We advised DOB Equity on its debt investment in Coconut Holdings Limited. Coconut Holdings owns and operates two coconut processing facilities in Kenya’s coast and is the largest producer of coconut oil, milk and cream in Kenya. It targets both the food and personal care market. The business purchases coconuts from small-holder farmers of which 1500 are organic and fair trade certified and sells its products through the Kentaste brand. The investment will allow the company to expand its processing facilities, launch new products and further develop its sales across the wider East Africa region.