CDG Invest Growth acquires a significant minority stake in Agri Trade Maroc, a leading player in fertilizers’ distribution in Morocco and a subsidiary of SCE Group.
This operation aims to support ATM’s growth on the conventional fertilizers segment and strengthen its presence on the speciality fertilizers market in Morocco and the African continent. Nadia Tarari, Chair of the Board affirmed that this cooperation will provide ATM with the necessary financial support for the execution of planned expansions in Morocco and Africa, where the company aspires to establish a stronger presence. Hassan Laaziri, CEO of CDG Invest Growth stressed the importance of this strategic investment, saying that his team firmly believes that ATM is the ideal partner to pursue an investment in such sector, that will help develop national agriculture.
This investment is the third for CapMezzanine III fund.
