Actis, a private equity firm based in the UK is looking to sell their restaurant chain Java House.
Sources familiar with the transaction said Actis is looking for a buyer for its 100 percent stake in Java House in what could be another change of ownership at Kenya’s biggest coffee chain.
The search for a buyer comes months after Actis inked a deal to buy hotel properties in Kenya and Tanzania and has been on since last year, multiple sources said.
Java House, established in 1999, is the largest restaurant chain in East, with 72 outlets.
It is followed by chicken Inn ,Art caffe ,KFC ,and Burger king.
The chain plans to increase its number of outlets in Kenya and expand beyond East Africa.
In addition to Kenya, the chain currently operates in Uganda and Rwanda, and has previously sought to expand to Dar es Salaam, Lagos, Accra, and Lusaka.