CDG Invest Growth launches fifth fund with stake in leading Moroccan seafood business

"DLA Piper advised CDG Invest Growth on an agreement to acquire a minority stake in Groupe Assiette Nordique. The transaction, subject to approval by Morocco’s Competition Authority (Conseil de la Concurrence), is the first investment by CDG Invest Growth’s fifth fund, Capmezzanine V (FPCC-RFA), and aims to support the target’s expansion and improve access to seafood in Morocco."

DLA Piper advised CDG Invest Growth on its agreement to acquire a minority stake in Groupe Assiette Nordique. The transaction involves CDG Invest Growth taking a minority interest in Groupe Assiette Nordique, a leading Moroccan processor and distributor of seafood products. The acquisition is subject to approval by Morocco’s Competition Authority, the Conseil de la Concurrence. This operation constitutes the first investment by CDG Invest Growth’s fifth fund, Capmezzanine V (FPCC-RFA). The acquisition is expected to support Groupe Assiette Nordique’s expansion and innovation initiatives, strengthen its competitive position in the domestic market and develop opportunities for improved access to seafood in Morocco. DLA Piper represented client(s) CDG Invest Growth with a team composed by: Benoit de Monval, Corporate partner; Thomas Helman, Associate.

CDG Invest Growth launches fifth fund with stake in leading Moroccan seafood business

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