18 Oct SEAF Makes a Strategic Investment in Ecological Company to Boost Sustainable Packaging in Tunisia’s Post-COVID Global Supply Chain Landscape
Tunis, Tunisia (18 October, 2023) – SEAF, in collaboration with ABCapital and a group of strategic partners, today announced the close of an investment in Nouha Ecoprint, the first ecological packaging and printing company based in Tunisia.
Starting as a conventional printery, Nouha Ecoprint pivoted its businesses to emphasize ecological printing and green packaging for export markets. The company leverages specialized technologies for its printing processes, using 100% recycled or recyclable materials and vegetable-based ink that advance ecological transformation and minimize environmental impact and pollution. Nouha Ecoprint is led by the second generation of the Jallouli Family and has successfully mitigated the risks and challenges of passing the business from generation to generation.
In addition to the environmental impact, Nouha Ecoprint is a women-owned business with more than 65% of women as full-time employees. With SEAF’s funding, Nouha Ecoprint is well positioned to increase its production capacity, expand its export portfolio to include German and American consumer brands and enhance the company’s competitiveness to absorb the shift of the global supply chains towards Northern African countries after the COVID-19 crisis and Russian-Ukraine war.
“Nouha Ecoprint has embraced the transformation to ecological and environmentally friendly products early on. We are partnering with the enthusiastic second generation of the family to expand the capacity, add new sustainable product offering and position the company for their next phase of growth as the global supply chain continue to evolve in the post-pandemic era,” shares Ingrid Chou, SEAF VP, “SEAF is pleased to support Nouha Ecoprint and its gender-diverse leadership and workforce, reassuring our commitment to a just transition.”
ABCapital has played a pivotal role in supporting SEAF through the transaction execution and has been responsible for the deal sourcing, buy-side due diligence and facilitating the transaction’s successful on-the-ground closing.
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