Dislog Group and SPE Capital have signed a memorandum of understanding enabling SPE Capital to acquire a minority stake in Dislog Group for up to MAD 450 million. "This transaction is subject to further due diligence and authorization by the relevant authorities, in particular the Conseil de la Concurrence, which has been notified for this purpose," says a Dislog Group press release.
"We are delighted to invest alongside our partner H&S Invest Holding in Dislog Group. We were shareholders in H&S between 2019 and 2021 and have been delighted to see the Group's evolution and growth in recent years. We will continue to grow together, with the aim of achieving an IPO on the Casablanca stock exchange within the next two or three years," said Nabil Triki, Managing Partner of SPE Capital, quoted in the press release.
Moncef Belkhayat, CEO of H&S Invest Holding and Dislog Group, commented: "SPE Capital's return to our capital is a sign of confidence in the Dislog Group management's ability to create value. We will continue to create value for our ecosystem and pursue our organic and external growth, notably through M&A operations, in the industrial, food, hygiene and healthcare sectors. We are a resilient, brand-building operator operating in the life economy".
At the same time as this operation, MCP will make a partial exit from the capital in favor of H&S Invest Holding, but will remain a shareholder and member of the Group's Board of Directors, concludes the press release.
source : SPE Capital plans to invest up to 450 million DH in Dislog Group - Infomédiaire