capital Newspaper
Cepheus Growth Capital Partners (“Cepheus Capital”) announced an investment into JP Textile Holding Company Limited, the majority shareholder in JP Textile Ethiopia PLC, Ethiopia’s leading manufacturer of advanced fabrics and a key supplier within Ethiopia’s growing garment industry.
With this investment, Cepheus Capital will hold a significant minority ownership stake and provide strategic, managerial, and operational support to JP Textile.
JP Textile, based in the Hawassa Industrial Park and is expanding its production capacity to meet growing demand for its fabrics in Ethiopia and internationally. The investment by Cepheus Capital will support the company’s expansion plans and also facilitate operational enhancements in areas such as environmental, social, and governance standards.