CDG Invest Growth (CIG) has acquired shares in Agri Trade Maroc (ATM), a company operating within the fertilizer and agricultural chemical sector.

The purchase was facilitated through the Capmezzanine III Fund, as detailed by the company. ATM, a leading player in Morocco’s fertilizer distribution sector, will use the capital injection to bolster its conventional fertilizer operations, increase its market share, and pave the way for the establishment of a dedicated « Made In-Morocco » fertilizer marketing system in Africa.

The partnership between CIG and ATM not only provides crucial financial support but also institutionalizes ATM’s shareholder base. Furthermore, the new agreement will endow ATM’s management with « valuable guidance and expertise from the CDG Invest Growth management team, boasting a rich history of nearly 25 investments and 16 exits over 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.

Nadia Tarari, President of Agri Trade Maroc, expressed her enthusiasm about the partnership, stating, « CDG Invest Growth’s investment in Agri Trade Maroc represents a pivotal milestone in our company’s growth and opens exciting new prospects for our future. » Tarari emphasized that the collaboration will provide the necessary funding for planned expansions in Morocco and other African regions, where the company aims to strengthen its presence.

« This investment reflects the confidence in our strategy and skilled team. We are confident that this partnership will benefit our stakeholders and are committed to making all necessary efforts to reap the rewards of this collaboration, » she concluded.

Abdelkbir Moutawakkil, CEO of Agri Trade Maroc, highlighted the positive impact on the company’s financial structure, saying, « The influx of capital from CDG Invest Growth significantly strengthens our financial framework. » « This will enable us to continue our investment projects, modernize our infrastructure, and enhance our teams, » he added. Hassan Laaziri, CEO of CDG Invest Growth, underscored the significance of this strategic investment, stating that his company firmly believes Agri Trade Maroc is the ideal partner to further invest in this sector for the development of national and Sub-Saharan agriculture.