CDG Invest Growth invests in the capital of companies in Morocco and Africa

CDG Invest Growth partners with Innoflex Group to support its industrial development in Morocco

CDG Invest Growth, through Capmezzanine V, FPCC-RFA Fund, acquired a minority stake through a capital increase in Innoflex Group, a major fast-growing manufacturer and distributor of foam and mattress products in Morocco.

Founded by Mohamed El Yacoubi, Innoflex Group has developed into an established player in its sector. The Group currently employs approximately 450 people and operates two industrial facilities in Morocco.

The investment will support Innoflex Group’s next phase of development, with a focus on strengthening its industrial capacities, further structuring its organization and supporting its medium- and long-term growth.

The transaction was completed on June 25, 2026.

CDG Invest Growth was advised in this transaction by Ernst & Young (financial & tax due diligence), DLA Piper (legal counsel), Strategy& (Commercial due diligence), ERM (ESG due diligence) and Netsystem (IT due diligence).

With an investment return of 3.3 money multiple, CDG Invest Growth has announced its total exit from Jet Contractors through a sale of shares on the Casablanca Stock Exchange. “CDG Invest Growth has contributed to the organic and structural development of Jet Contractors and has supported its integration of the value chain to become one […]

CDG Invest Growth has invested in Dislog Medical Devices (DMD), a leading player in Morocco’s medical device sector and a subsidiary of Dislog Group. The investment was carried out through Capmezzanine III, CDG Invest Growth’s fourth fund, alongside co-investor Mediterrania Capital Partners. The transaction, completed through a capital increase, marks a key step in DMD’s […]

CDG Invest Growth acquires a significant minority stake in Comaner, a leading operator in the agrifood industry in Morocco. Comaner is specialized in the importation and distribution of food ingredients and additives. The company has become a one-stop-shop in the food industry offering its customers a large catalog of products. Through its subsidiary, Vialys, the Group also […]