** For the best experience, download the free Africa Private Equity News app Android | iOS **
CDG Invest Growth, through its Capmezzanine V fund, has acquired a minority stake in Innoflex Group, a manufacturer and distributor of foam and mattress products in Morocco.
Founded by Mohamed El Yacoubi, Innoflex Group has developed into an established player in its sector. The group currently employs approximately 450 people and operates two industrial facilities in Morocco.
The investment will support Innoflex Group’s next phase of development. This will include strengthening its industrial capacity and supporting its medium- and long-term growth.
The transaction was completed in June 2026.
Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Access the Dealmaker’s Log here



