Hela buys major UK-based apparel brand licensing house
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The investment deal is partly provided by the International Finance Corporation to finance its operations.
NDB Investment Bank made inroads into the African Region by acting as the exclusive Financial Advisor and Manager to the recently concluded transaction of Hela Apparel Holdings PLC. NDBIB arranged a USD 14 Mn fund raising via Norfund directly to Hela’s investment holding company earmarked for its operations in the African Region. The funds raised...
Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa. NDB Investment Bank Limited acted as the Financial Advisor for the transaction. The […]
Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa