Jonathan Oppenheimer, son of South African billionaire Nicky Oppenheimer, has acquired full control of Nigeria’s biggest beverage can-maker, betting on a revival in Africa’s largest economy.
Oppenheimer Partners Ltd. bought the shares it didn’t own in GZ Industries Ltd. from Affirma Capital, formerly known as Standard Chartered Private Equity, according to a statement from Affirma on Thursday, which didn’t disclose financial details. The private equity firm had a 37.5% stake in the supplier of cans to companies including Coca-Cola Co.
Jonathan Oppenheimer
Photographer: Matthew Staver/Bloomberg
The acquisition is likely to help Oppenheimer, whose family founded mining giant Anglo American Plc and turned ...
