Helios Investment Partners, the Africa-focused private investment firm, has announced today a partnership with BİM BİRLEŞİK MAĞAZALAR (BIM), the leading discount grocery retailer in Turkey listed on the Borsa İstanbul, to invest in BIM’s Moroccan business (BIM Morocco) through the acquisition of a 35% stake valuing the company over $200 million.

BIM Morocco was established in 2009, and has grown into the largest discount grocery retailer in Morocco with over 500 stores across t...