Who is the new owner of Java House?
Leading African private equity firms Alterra and Phatisa have signed agreements to acquire 100% of Java House Africa (“Java House” or the “Company”) from emerging-market investor Actis, for an undisclosed sum. A private equity firm backed by Aliko Dangote is set to enter Kenya’s food and beverage market with the acquisition of Java House, a leading Kenyan coffee chain. Africa’s richest man, Aliko Dangote, is among the key investors supporting Alterra Capital, an Africa-focused private equity fund.
Is Java House only in Kenya?
Founded in Nairobi in 1999, Java House is now the largest coffee chain in the region with stores across Kenya, Uganda and Rwanda. Java Original Coffee Coffee Company has, for its Roastmasterz by Java Original Coffee-brand developed a franchise program focused on the success of our franchisees.