Helios exits investment in GBfoods Africa
21 Sep 2021
View all news and eventsHelios Investment Partners is pleased to announce the completion of the sale of its 49% stake in GBfoods Africa to its partner and co-shareholder, The GBfoods SA. Successful execution of Helios’ value creation strategy resulted in strong financial, social and environmental performance. During Helios’ ownership, annual operating profit growth was consistently in the mid-teens, driven by both revenue growth and margin expansion.