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Private equity fund Ascent gets minority share in Dune Packaging

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Dune Packaging. [File, Standard]

Dune Packaging Ltd has announced a minority equity investment in its business by Ascent Rift Valley Fund II ("Ascent"), a small-medium enterprise (SME) private equity fund in the region.

The packaging solution provider has described the investment by Ascent Rift Valley Fund II as a significant milestone in the industry which underscores the confidence of investors in the sector and the region's economic potential.

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