Criterion Africa Partners, a private equity firm investing in the forestry sector in sub-Saharan Africa, has announced that the forestry and sawmilling business of its portfolio company Peak Timbers has been acquired by Shiselweni Forestry Company Limited, a wholly-owned subsidiary of the TWK Group. TWK is a local strategic buyer which trades on the ZARX stock exchange in South Africa.

Peak is an integrated forest products company located in the Kingdom of Eswatini (formerly Swaziland)...