NAMBOB

 

Sector:

Services

Year of investment:

2019

Deal type:

Buyout / Growth

Business overview:

Established in 1962 in Namibia as Avbob Namibia and relaunched to Nambob in September 2019, the company has grown into the leading funeral service provider, with a well-established network of 25 branches across Namibia. Nambob’s comprehensive service offerings include the provision of funeral services, coffins, wreaths and funeral-ware. Most branches boast with fully fledged parlours and their own mortuaries. Through its network, Nambob also distributes third party funeral policies.  It is Nambob’s vision to serve customers and communities by providing a one-stop solution for funeral insurance, services and products.

Fund:

Allegrow

Status:

Invested

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