CDG Invest Growth acquires stake in Agri Trade Maroc

CDG Invest Growth acquires stake in Agri Trade Maroc

26/03/2024

CDG Invest Growth’s (CIG) recent capital increase in Agri Trade Maroc (ATM) aims to further develop ATM’s operations in conventional fertilizers, strengthen its market presence in specialty fertilizers, and promote the development of a Moroccan-origin fertilizer marketing platform in Africa, according to a joint statement by CIG and ATM, reported by MAP.

Beyond the financial contribution, this partnership will also formalize the company’s shareholder structure and provide its management with support from CDG Invest Growth’s experienced management team, which boasts nearly 25 investments and 16 divestments over more than two decades across various sectors of the Moroccan economy. This investment marks the third by the Capmezzanine III Fund, raised by CDG Invest Growth in 2021.