Retail Holding and Amethis acquire the operations of OCS in Morocco and Senegal
Adenia and Proparco exit.
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Retail Holding, a Moroccan group in the food and specialised retail sector, and Amethis MENA Fund II, announced the acquisition of the operations of the OCS Group in Morocco and Senegal. The Retail Holding-Amethis consortium succeeds investment funds Adenia and Proparco, shareholders of the OCS Group since 2021.
Founded as a catering operator in 2009, OCS established itself within a decade as one of the two leading players in the Moroccan market, before diversifying its activities by integrating a comprehensive facility management offering. The group operates under the brands Ansamble and Proxirest for catering, and Artis Facilities in Morocco and Alizés in Senegal for facility management.
“This acquisition, carried out with our long-standing partner Amethis, fully aligns with our external growth strategy, which aims to position us in high-potential markets through the acquisition of leading companies with solid foundations and a core business complementary to ours, offering numerous opportunities for synergies and increased business volumes,” said Riad Laissaoui, chairman and CEO of Retail Holding.
“We are very pleased to complete a new investment, our 16th in Morocco, alongside the Retail Holding Group, a historic partner of Amethis and a key player in the private sector in the Kingdom,” added Wilfried Poyet, senior partner at Amethis.
“OCS fully illustrates our approach as an active and committed investor alongside African regional leaders, here within the framework of a succession transaction from a founder. Alongside a management team that we have strengthened, we supported a phase of structuring, refocusing, and scaling up, enabling OCS to establish itself as a reference player in business services. With shareholding now firmly anchored locally, the group still enjoys, in our view, very strong development prospects,” said Stéphane Bacquaert, managing partner at Adenia.
“We would like to thank Adenia and Proparco for their demanding and constructive support. Together, we were able to write an important chapter in the history of this group, providing it with clarity, strategic vision, and financial strength. This transaction opens a new chapter for us and our employees. We look forward to working with our new shareholders, Retail Holding and Amethis, with the ambition of continuing our growth trajectory and sustainably consolidating our leadership position in Morocco and Senegal,” noted Nicolas Belleteste, CEO of the OCS Group.
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