Founded in 1968 and listed on the Bourse Régionale des Valeurs Mobilières (BRVM), Uniwax is one of Africa’s most celebrated textile companies, known for its iconic wax print fabrics that have become a symbol of African fashion and cultural heritage. The company operates a major production facility in Côte d’Ivoire.

The transaction, which remains subject to regulatory approvals, positions COIC to capture greater value across the textile value chain while supporting Uniwax’s continued growth and expansion.

The deal underscores Asafo & Co.’s commitment to advising on transformative transactions that strengthen Africa’s industrial capacity and promote local value creation.

The Asafo & Co. team advising on the transaction was led by partner Patrick Larrivé, supported by senior associate Thami El Idrissi and associate Mady Thiam.