Helios Investment Partners (“Helios”), a leading Africa-focused private investment firm, announces that Helios Fund V (“Helios V”) has completed the acquisition of Frigoinvest Nigeria Holdings B.V., which indirectly owns controlling interests in Frigoglass Industries Nigeria Limited (“FINL”) and Beta Glass Plc (together, the “Business”). Beta Glass Plc is the leading glass packaging manufacturer in West Africa operating in the consumer non-discretionary sector. FINL manufactures plastic crates and metal crowns. Both companies serve a wide range of customers including bluechip bottlers for leading global brands in the region.  Helios will support management to build on the Business’ strong performance, capture rising domestic demand and reinforce supply security for its key clients across Nigeria and the wider region. Tope Lawani, co-founder and Managing Partner at Helios, said, “We are pleased to be investing in the Business, which has a strong market reputation and meaningful opportunities ahead. The consumer non-discretionary sector is a key strategic focus for Helios, and we bring a proven track record of investing in and scaling resilient businesses across the sector and the region. We look forward to supporting the continued sustainable growth and operational excellence of the Business.”