CDG Invest Growth has signed an agreement to acquire a minority stake in l’Assiette Nordique, a leading seafood processing and distribution company in Morocco. The transaction will be executed through Capmezzanine V FPCC-RFA, CDG Invest Growth’s fifth fund under management, and remains subject to Antitrust Clearance.
The transaction, completed through a capital increase, represents a key milestone in l’Assiette Nordique’s development and will enable the company to accelerate its industrial expansion, strengthen its market leadership, and broaden its portfolio with innovative and high value-added seafood products.
Hassan Laaziri, Chief Executive Officer of CDG Invest Growth, commented: “This investment marks the first transaction of our new fund, Capmezzanine V FPCC-RFA, in a strategic sector for Morocco’s economy. We are proud to partner with l’Assiette Nordique, whose expertise, quality standards, and strategic vision have made it a leading player in the seafood sector. This partnership fully reflects CDG Invest Growth’s ambition to support Moroccan champions that combine strong growth potential with positive impact.”
Mehdi Slaoui, Managing Director of l’Assiette Nordique, added: “We are delighted to build this partnership with CDG Invest Growth, based on mutual trust and shared ambition. For over 15 years, l’Assiette Nordique has been committed to reinventing access to seafood products in Morocco. This partnership marks a major milestone in our development and will allow us to scale faster, reinforce our industrial and logistics capabilities, and enhance our innovation capacity to better serve our customers.”
Rachid Slaoui, Chairman of the Board of Directors of l’Assiette Nordique, added: “Bringing CDG Invest Growth into our shareholding structure reflects our commitment to strengthening governance and delivering long-term value for all our stakeholders, including our partners, clients, and employees.”
CDG Invest Growth was advised in this transaction by DLA Piper (legal counsel), Accuracy (financial due diligence), SFM Conseil (tax due diligence), and SLR Consulting (ESG due diligence).