ADDOHA
46.10      ↑ 0.44
AFMA
1,113.00      → 0.00
AFRIC INDUSTRIES SA
308.00      ↑ 2.33
AFRIQUIA GAZ
3,810.00      ↑ 0.24
AGMA-LAHLOU TAZI
6,875.00      → 0.00
AKDITAL S.A
1,135.00      ↑ 0.27
ALLIANCES
518.00      ↑ 0.58
ALUMINIUM
1,441.00      ↑ 0.35
ARADEI CAPITAL
478.00      ↑ 1.70
ATLANTASANAD
165.00      ↑ 3.12
ATTIJARIWAFA BANK NV
615.00      ↑ 0.39
AUTO NEJMA
2,068.00      → 0.00
AUTOHALL
67.00      ↓ -0.58
BALIMA
220.00      → 0.00
BANK OF AFRICA
205.00      ↓ -2.12
BCP
286.00      ↑ 2.14
BMCI
648.90      ↓ -0.17
BRASSERIES MAROC
2,300.00      ↓ -2.95
CARTIER
34.92      ↑ 1.22
CDM
1,050.00      ↑ 0.10
CFG BANK
234.00      ↑ 0.09
CIH
430.10      ↑ 3.64
CIMENT MAROC
1,895.00      ↓ -1.30
CMGP GROUP
364.00      ↑ 1.08
COLORADO
59.00      ↓ -1.12
COSUMAR
208.00      ↑ 0.48
CREDIT EQDOM
1,219.00      → 0.00
CTM SA
1,050.00      ↑ 0.77
DARI COUSPATE
3,698.00      ↓ -0.05
DELATTRE LEVIVIER
40.00      → 0.00
DELTA HOLDING
66.90      ↓ -1.62
DIAC SALAF
26.25      → 0.00
DISTY TECHNOLOGIES
309.00      ↑ 0.65
DISWAY
696.00      ↓ -0.43
ENNAKL
33.50      ↓ -0.89
FENIE BROSSETTE
125.00      ↑ 1.63
HPS
668.00      ↑ 0.60
IB MAROC.COM
34.97      ↑ 2.85
IMMORENTE INVEST
90.00      → 0.00
INVOLYS
101.50      ↓ -0.49
ITISSALAT AL-MAGHRIB
92.00      ↑ 1.21
JET CONTRACTORS
2,230.00      ↑ 1.83
LABEL VIE
4,295.00      → 0.00
LAFARGEHOLCIM MAROC
2,028.00      ↓ -0.10
LESIEUR CRISTAL
275.40      ↓ -1.64
M.LEASING
388.00      → 0.00
M2M Group
526.00      → 0.00
MAGHREB OXYGENE
285.00      ↑ 5.56
MAGHREBAIL
901.00      → 0.00
MANAGEM
3,052.00      ↑ 2.55
MED PAPER
23.00      ↓ -0.39
MICRODATA
693.90      ↑ 5.14
MINIERE TOUISSIT
1,710.00      ↑ 0.59
MUTANDIS
329.90      ↓ -0.03
OULMES
1,299.00      → 0.00
PROMOPHARM
990.00      → 0.00
REBAB
90.00      → 0.00
RES DAR SAADA
117.00      ↓ -4.88
RISMA
277.00      ↑ 1.47
S.M MONETIQUE
360.00      ↑ 2.86
S.M.IMITER
2,200.00      ↑ 0.92
SAHAM ASSURANCE
1,854.00      → 0.00
SALAFIN
595.00      ↓ -0.34
SAMIR
127.80      → 0.00
SNEP
638.50      ↓ -0.23
SODEP-MARSA MAROC
604.00      ↓ -0.15
SONASID
1,100.00      → 0.00
SOTHEMA
945.00      ↑ 0.32
SRM
455.00      ↓ -1.52
STOKVIS NORD AFRIQ
18.00      ↓ -2.65
STROC INDUSTRIE
44.20      ↓ -6.14
TAQA MOROCCO
1,415.00      → 0.00
TGCC S.A
530.00      ↑ 2.71
TOTAL MAROC
1,598.00      ↑ 0.50
UNIMER
175.00      → 0.00
WAFA ASSURANCE
4,500.00      ↓ -1.32
ZELLIDJA
142.00      ↑ 5.19

Red Med Corporate Finance advises GrowthGate Capital on the sale of its stake in Retail Holding to IFC, Fipar-Holding, and CDG Invest Growth, in one of the largest private equity transactions in North Africa.

Source : medias24

Rabat, Morocco, October 14, 2024 – Red Med Corporate Finance supported the investment fund GrowthGate Capital in the sale of its stake in Retail Holding, a leader in food and consumer goods distribution in Morocco and West Africa. Following this transaction, a consortium composed of the International Finance Corporation (IFC), Fipar-Holding, and CDG Invest Growth acquired 21.5% of Retail Holding’s capital, alongside its historical shareholders, Best Financière and Sanam Group.

Karim Souaid, Managing Partner of GrowthGate Capital, stated: “This strategic transaction reflects our continued commitment to the companies in our investment portfolio and the development of the region. We have had the honor of rigorously supporting the exceptional management of Retail Holding, contributing to its success. We would also like to express our gratitude to our financial advisor, Red Med Corporate Finance, and to everyone who contributed to the completion of this operation.”

Abdeslam Ababou, Founder and President of Red Med Capital, commented: “This transaction confirms our role as a strategic advisor in large-scale operations that drive the growth of regional leaders.”

Amine Alami, Partner & M&A Director of Red Med Corporate Finance, added: “We are proud to have supported GrowthGate Capital in this strategic operation. This demonstrates our expertise in structuring complex M&A transactions and our ability to collaborate with leading institutional partners to support high-impact investments in the Moroccan and African economy.”

With more than 12 billion dollars in intermediated transactions, Red Med Corporate Finance has established itself as a key player in mergers and acquisitions, fundraising, and strategic transactions in Morocco and Africa.

Read more

Menu