Helios Investment Partners , the UK-based private equity firm co-founded by Nigerian investor Tope Lawani, has agreed to buy all the shares in Frigoinvest Nigeria Holdings B.V., the parent company of Frigoglass Groups Nigerian operations. The deal covers Beta Glass Plc and Frigoglass Industries Nigeria and comes with a price tag of up to 100 million 116 million. The move, which requires regulatory approval, is expected to close in the first quarter of 2026.
For Helios, the agreement reflects its broader push under Lawani to deepen its presence in manufacturing and industrial supply chains across Africa. Once completed, Helios will take control of a business that produces glass containers, plastic crates and metal crownsproducts widely used by beverage makers, food companies and pharmaceutical firms. The businesses have been central to Frigoglass Groups operations in West and Central Africa and were part of a restructuring path the group began in 2023 after overhauling its balance sheet.
What executives are saying about the blockbuster deal
