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Dislog Group2024-12-12 15:02:382024-12-12 15:02:39H&S INVEST HOLDING: MONCEF BELKHAYAT REFINES HIS STRATEGY AND PREPS FOR THE FUTURE
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Dislog Group2024-12-12 15:01:392024-12-12 15:03:38H&S INVEST HOLDING WELCOMES A NEW INVESTOR AND EXPANDS INTO ASIA
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Dislog Group2024-12-12 15:00:072024-12-12 15:00:08Video
DISLOG GROUP ACQUIRES CMB PLASTIQUE FROM MUTANDIS GROUP
The industrial group Mutandis, specialized in fast-moving consumer goods, has announced that it has signed an agreement to sell its subsidiary CMB Plastique, which deals with the production of plastic bottles and caps, to Dislog Group for a sum of 330 million dirhams.
“This transaction will also allow Dislog Group to strengthen its position as an industrial group,” says Moncef Belkhayat, CEO of Dislog Group.
CMB Plastique, the company housing this activity, is the Moroccan leader in the production of PET preforms (bottles before blowing), with an annual volume of nearly 700 million preforms per year.
The transaction will reduce Mutandis’ debt level and will not have a significant impact on the group’s current net income, as the savings on financial expenses will nearly offset the contribution of the divested activity to the group’s overall result.
The transaction is expected to be completed during the first quarter of 2024, subject to the approval of the Competition Council.
MONCEF BELKHAYAT: “AFTER FRANCE, DISLOG WILL EXPAND INTO SPAIN, PORTUGAL, AND THE BENELUX COUNTRIES”
Expansion in Europe, departure from the Tunisian market, profitability in the media sector, African prospects for 2024… The head of the Moroccan holding company H&S Invest and former minister discusses the development of his group and addresses the major challenges facing the continent.
Carré Suisse, Cultures de France, Taste Distribution… After suspending its investments in Tunisia, the Dislog group has been multiplying acquisitions in France for the past year. The goal: to replicate its industrial model in France before continuing its expansion across Europe.