Verod Capital Exits Rotoprint Limited

14 May 2019

Verod Capital Management Limited (Verod) is pleased to announce that it has completed a full exit of its ownership of Rotoprint Limited (Rotoprint), a flexible packaging company based in Nigeria.


Rotoprint is a leading vertically integrated supplier of flexible packaging products to top-tier consumer product companies across West Africa. Rotoprint’s products include plain and printed Polyvinyl Chloride (PVC) products, adhesive tapes, High-density polyethylene (HDPE) and Low-density polyethylene (LDPE) products. In 2011, Verod acquired a 75% stake in Rotoprint from its founders and in 2012 Verod acquired the remaining 25% stake.


With the support of a skilled and experienced management team, Verod worked with Rotoprint to dramatically increase the company’s production capacity, and increase revenues and profitability, cementing the company’s position as a leading player in the flexible packaging space.
Rotoprint was the last company held in Verod’s pioneer portfolio. With this exit, the portfolio of 8 investments has delivered a gross dollar MOIC of 4.0x and IRR of 50.8% to its investors.

-END-

« Back to Member News

@wiGroupInt has completed a follow on growth equity round with @investecam_sa being a key investor. Read more: https://t.co/7NP1rTq7fr

Kasada Capital Management’s Hospitality Fund dedicated to building Sub Saharan Africa’s hospitality sector has reac… https://t.co/USgi8a8NhW

Adenia Partners exits its investment in leading Malagasy diary company. Read more: https://t.co/s5GBC3usmw #AVCAMemberNews #AfricanPE

@DobEquity has invested in Tanzania’s leading clean water producer and distributor. Read more:… https://t.co/HgIL0JuwDB

RT @CDCgroup: Read about the CDC-backed Frontier Energy II fund which has just achieved final close at $227 million - https://t.co/DTf6BF1f

;