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Private equity consortium invests in Kevro, Africa’s largest supplier of corporate and promotional apparel | Ethos, RMB Corvest, RMB Ventures

A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products. Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and was looking to realise its investment.