Fan Milk International is the leading manufacturer of frozen dairy products and juices in West Africa. Established over 50 years ago in Ghana, the company has developed into a frozen dairy brand leader across West Africa. The company operates an unrivalled and fully integrated manufacturing and distribution cold chain that encompasses more than 25,000 sales points across Ghana, Nigeria, Togo, Ivory Coast, Benin and Burkina Faso.Building on a portfolio of strong, highly recognised brands in some of the fastest growing markets in the world, Fan Milk International in 2012 realized a turnover of DKK 880 million and an EBITDA of DKK 251 million.
Danone is a leading global FMCG company with a focus on dairy based products and emerging markets. In 2012, Danone had sales of EUR 21 bn.
Abraaj is a leading private equity investor in developing and growth markets of Asia, Africa, Latin America and the Middle East. Abraaj currently manages US$ 7.5 billion across 25 sector and country-specific funds.
FIH Partners was exclusive financial advisor to the owners and our services included arranging a structured and highly competitive auction process targeting both strategic and financial buyers from all over the world.
