Africa Merchant Capital Advisory (AMCA) has acted as financial adviser to the Lagata Group on its acquisition of majority stake, and investment into, Miro Forestry Developments, a sustainable forestry and plywood manufacturing business operating across Sierra Leone and Ghana.

The transaction marks a major milestone in the sustainable forestry sector in West Africa. 

Lagata’s acquisition and capital injection will strengthen Miro’s vertically integrated operations, enhance its manufacturing capacity, and support its ambition to become a global leader in sustainable plywood and timber products.

Existing shareholders, including British International Investment (BII), FMO, Finnfund, Mirova, and a UK family office, also participated in the round, reaffirming their commitment to Miro’s long-term growth and environmental mission.

Milko Skoro, Managing Director of Africa Merchant Capital Advisory, said: “We are proud to have advised Lagata as buy-side advisors on this landmark acquisition and investment into Miro Forestry. This transaction represents a strong alignment of sustainable capital with impactful enterprise — driving both financial performance and measurable environmental benefit." 

"Lagata’s commitment to responsible investment in Africa’s natural resource sectors mirrors our own mission to support transactions that deliver enduring value across the continent.”