Spear Capital eyes FMCG sector

Scandinavian Private Equity firm, Spear Capital is eyeing more investments in the Fast Moving Consumer Goods (FMCG) sector after completing the 30 percent acquisition of Dendairy Private Limited this year.

Spear Capital's deal principal and head of corporate communications Mr Muvirimi Kupara said that as a sub-Saharan fund the company is looking at opportunities that gel with their investment objectives.

He said Spear Capital is targeting investments in the FMCG segments as well as in the value addition and manufacturing sector.