Moncef Belkhayat, CEO of Dislog Group, was awarded the prize for best project of the year by the Choiseul Institute on Thursday evening at a ceremony in Marrakech, under the High Patronage of King Mohammed VI. The Institut Choiseul is a renowned independent think tank dedicated to the analysis of major economic, political and societal issues, as well as those associated with the challenges of good global governance.
The project is the expansion of the Dislog Group into 9 European countries through the acquisition of BBW- Chef Sam.
"I'm very honoured by this award. It motivates us to grow even more. We completed a closing today with IFC, which took a 16.9 % stake in our capital. This is US$36.8 million that arrived from Washington for our subsidiary Buildings & Logistic Services", said Moncef Belkhayat.
He adds: "Our aim is to continue our development in Morocco, Europe and soon in Africa. It's also worth remembering that we started this company only 19 years ago, with very little capital at the time. Today, our group has sales of $500 million and employs 3,700 people. I'd like to thank our partners and all our sponsors. Thank you all very much.
Source : Moncef Belkhayat honored by Institut Choiseul - Infomédiaire