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PRINT THIS PAGE Actis backs MBO of Mivan Far East, realises investment in Unza09/08/2007. Source: AltAssets. 
 Emerging markets private equity investor Actis has invested $75m in the 100 per cent MBO of Malaysia-headquartered Mivan Far East from European construction business Mivan. In a separate transaction, Actis and Standard Chartered Private Equity have realised their investment in Unza Holdings, a personal care company, following the acquisition of Unza by Wipro for $246m.
Mivan Far East designs aluminium formwork systems used in the construction industry. The company employs 350 people. Its management team will have a minority stake in the business following the buy-out transaction.
Unza is an independent manufacturer and marketer of personal care products in South East Asia. The company markets 40 personal care brands to millions of Asian consumers. It has manufacturing plants in Malaysia, Vietnam, China and Indonesia. SCPE and Actis co-led the investment in Unza in 2004, as part of a $100m MBO.
Actis has approximately $3.4bn under management.
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