Deal Summary
BluePeak Private Capital Ltd. (BluePeak), an alternative asset management firm founded in 2019, has made a $15 million sustainability-linked investment in STE SANCELLA S.A. (Sancella Tunisia), one of the largest manufacturers and distributors of disposable hygiene products in the Maghreb region and Francophone West Africa. The company specialises in processing cellulose cotton and producing hygiene products like feminine care items and bandages, which it distributes across North Africa, Francophone West Africa, and over 25 countries worldwide. Sancella Tunisia was established in 1995 as a joint venture between Société Tunisienne de Pansements S.A. (Sotupa, a leading Tunisian hygiene company) and Swedish-based SCA (which later spun off its hygiene division to form Essity). In 2020, Sotupa acquired Essity’s 49% stake, bringing Sancella Tunisia under its full ownership and control. BluePeak’s funding will strengthen Sancella’s presence in sub-Saharan Africa and support initiatives to reduce the company’s carbon footprint. The investment was made through
