Africa-focused private equity firm Amethis Finance has acquired a minority stake in Morocco-based industrial equipment distributor Groupe Premium. In 2017, Premium acquired the ATS network, which distributes IVECO and ASTRA brands in Ivory Coast, Senegal, Mali, Burkina Faso, Togo and Cameroon. Amethis, which accompanied Premium in the acquisition of the ATS network, plans to support Premium’s expansion in francophone Sub-Saharan Africa. Financial details of the transaction were not disclosed.