CDG Capital Private Equity invests in SCE Chemicals

15 Feb 2019

CDG Capital Private Equity, the private equity firm focused on growth investments for SMEs in Morocco, announced an investment in SCE Chemicals, a leading company manufacturing specialty chemicals, fertilizers and other chemical inputs for industrial clients in Morocco and abroad. SCE Chemicals distributes products like sulfonic acid, silicates, alumina sulphate, powdered sulfur, sulphuric acid and other chemical inputs for the detergent industry. The company serves the Moroccan market but also exports its products abroad. Its client portfolio includes Unilever, P&G, Distra, and the National Bureau for Drinking Water (Office National de l’Eau Potable).

CDG Capital Private Equity took a minority stake in SCE Chemicals through a capital increase. The injected funds will be used to finance the development of a manufacturing unit for new chemicals. The company will then be able to produce previously imported chemicals, diversify its product offering and secure new growth opportunities in the coming years.

Hassan Laaziri, who led the transaction for CDG Capital Private Equity stated: “The chemical industry secures inputs for the Moroccan industrial ecosystem and the demand for locally manufactured products is particularly rising due to the increase in import costs. SCE Chemicals has inherited the expertise of international market leaders and has been continuously enhancing its production capacity and business standards under the guidance of a visionary management. We are excited to back the company in its ambitious growth strategy and believe our partnership with SCE Chemicals will be key in strengthening the market position of a national industrial flagship”.

SCE Chemicals is the fifth investment of Capmezzanine II, following T2S (medical equipment), Maymana (fine catering), Trarem (office furniture) and Steripharma (pharmaceuticals).

CDG Capital Private Equity is a regulated financial investment manager licensed by AMMC (Association Marocaine des Marchés de Capitaux).

-END-

« Back to Member News

Adeniyi Adenubi, Executive Director – Institutional Business and Investor Relations at @VFDGroup talks to us about… https://t.co/CQLOo5yOxx

@AVCA_Africa’s Institutional Investor Masterclass is only 2 weeks away! Don’t miss the opportunity to strengthen yo… https://t.co/nlSSehEfWl

2 more weeks until @AVCA_Africa’s Connect with @NLawGlobal! Join us on Monday, 2nd December at Shimmy Beach Club, C… https://t.co/a56yVNezEb

RT @ABANAngels: Happening NOW!! #AESIS2019 Research Roundtable with reps from @VC4Africa @Briter_bridges @DisruptAfrica @AVCA_Africa @baoba…

Join Sarah Shackleton and Shane Rogel on 11/12/19 as they introduce AVCA's Operational Due Dilligence guide - an in… https://t.co/xkbytmUE2Z

;