Private equity firms AfricInvest and Siparex have invested EUR1.7 million (approximately US$1.9 million) in Tunisia-based aluminum products manufacturer Menuiserie Aluminium du Sud (MAS). The investment was completed in June 2016 and structured through Fonds de Co-Localisation Franco-Tunisian, which is co-managed by AfricInvest and Siparex. MAS will use the new capital in support of its commercial development and restructuring plans.