Ardova Plc (NGSE:ARDOVA) agreed to acquire ENYO Retail and Supply Limited on June 16, 2021. The transaction is subject to regulatory approval and other closing conditions. Stanbic IBTC Capital Limited acted as financial advisor and Banwo & Ighodalo acted as legal advisor to Ardova. Rand Merchant Bank acted as financial advisor and Nina Bowyer of Herbert Smith Freehills Paris LLP acted as legal advisor to ENYO Retail and Supply.

Ardova Plc (NGSE:ARDOVA) completed the acquisition of ENYO Retail and Supply Limited on November 16, 2021.