CDG Group’s subsidiary, CDG Invest Growth, has recently completed the acquisition of a 49% stake in the fertilizer distributor Agri Trade Maroc (ATM). The announcement was made in a joint press release by the two companies.

This acquisition was facilitated through the Capmezzanine III Fund, CDG Invest Growth’s investment vehicle. While the financial details of the transaction were not disclosed, the funds from this operation are expected to support ATM in entering a new phase of its business development.

The fertilizer supplier plans to enhance its operations in conventional fertilizers, expand its presence in the specialty fertilizer market in Morocco, and extend its activities to other regions across the continent.

Beyond financial support, ATM’s management also aims to leverage CDG’s expertise in investment project management.

« The inclusion of CDG Invest Growth in Agri Trade Maroc’s equity marks a pivotal moment in our company’s growth and opens up promising new prospects for our future, » stated Nadia Tarari, Chairman of the Board at Agri Trade Maroc.

« We are confident that Agri Trade Maroc is the ideal partner to advance our investment in this vital sector for the development of national agriculture, as well as in Sub-Saharan Africa, » added Hassan Laaziri, CEO of CDG Invest Growth.

Established in 1998 in Casablanca, ATM specializes in the marketing and manufacturing of nitrogen fertilizers and also operates in the seed sector.