Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Herholdt’s, a distributor of low-voltage electrical products and solar products in South Africa. The financial terms of the transaction were not disclosed.

Established in 1964, Herholdt’s operates in Bloemfontein, Kimberley and George, and has recently opened branches in Johannesburg and Cape Town.

Herholdt’s supplies a broad product portfolio of 10,000-plus items to professionals ...