A consortium of prominent investors, SPE Capital (via its SPE PEF III fund), Proparco, and Amethis (through its MENA Fund II), has announced a strategic investment in Delta Holdings, a leading Egypt-based manufacturer specializing in additives for the paint and coatings industry. The investment is aimed at accelerating Delta Holdings’ growth, expanding its product portfolio, and boosting its export capabilities.
Fueling Innovation and Expansion
The capital injection will enable Delta Holdings to enhance its technical capabilities, diversify its offerings, and scale its operations to meet growing demand both locally and internationally. The company, known for its tailored solutions and technical expertise, serves a wide range of clients including regional and multinational players in the coatings sector.
In a joint statement, Stéphane Heuzé, Managing Partner at SPE Capital, and Ahmed El Oraby, Partner, expressed strong confidence in the company’s leadership and strategic direction.
We are thrilled to partner with the company’s exceptional management team, whose vision, execution, and track record compelled us to pursue this investment. Delta Holdings has demonstrated resilience and strong performance, underpinned by solid fundamentals. We look forward to supporting the team as they scale operations, deepen capabilities, and pursue ambitious growth and impact objectives.
Strategic Alignment and Sustainability Focus
Tibor Asboth, Head of Private Equity for Africa and the Middle East at Proparco, emphasized the strategic importance of the partnership.
Proparco is proud to collaborate with SPE Capital and Amethis to support Delta Holdings in delivering value-added solutions to the coatings industry. With its strong technical expertise and customization capabilities, Delta Holdings is well-positioned to expand globally while advancing its commitment to sustainability through environmentally friendly innovations.
Toufic Khoueiri, Senior Partner at Amethis, echoed the sentiment, highlighting the company’s alignment with Amethis’ investment philosophy.
Delta Holdings, led by a fantastic management team, has shown resilience and success. We are excited to work closely with our partners and the company to unlock its significant growth and impact potential in the coming years.
A Platform for Regional Leadership
This investment marks a pivotal moment for Delta Holdings, positioning it as a regional leader in specialty chemicals and additives. With the backing of experienced investors and a clear roadmap for expansion, the company is poised to play a key role in shaping the future of the coatings industry in the MENA region and beyond.
The partnership also reflects a broader trend of strategic investments in industrial innovation across Africa and the Middle East, where companies like Delta Holdings are leveraging capital and expertise to scale sustainably and compete globally.
