A sovereign shift for the textile industry
The Vlisco group sells its majority stake in UNIWAX to the Compagnie Ivoirienne de Coton (COIC), headed by businessman Koné Daouda Soukpafolo. Announced officially this February 10, this deal places one of the last jewels of West African textiles under Ivorian control. The operation aims to strengthen the creation of local value in a sector long dominated by by international groups.
Healthy financial information found before the sale
The acquisition comes as UNIWAX is in brilliant form after difficult post-Covid years. In the third quarter of 2025, the company will released a net profit of 8.1 billion FCFA, driven by successful expansion in Nigeria and Guinea. À BRVM, investor confidence is total: the stock jumped 267% between January and November 2025.
The deployment of an integrated empire
For Daouda Soukpafolo, nicknamed; the "King of cotton", UNIWAX completes an already existing industrial puzzle. colossal including construction, energy and banking. After the acquisition of Versus Bank, the tycoon realizes his ambition of verticality. by integrating the final transformation of textiles. The Vlisco group and current management will ensure a transition period to guarantee continuity. operational.
