Investment in Innoflex Group to Propel Growth
CDG Invest Growth, through its Capmezzanine V fund, has successfully acquired a minority stake in Innoflex Group, a prominent manufacturer and distributor of foam and mattress products based in Morocco. This strategic investment marks a significant milestone for both parties as it aims to bolster Innoflex Group's industrial capabilities and facilitate its growth trajectory over the medium to long term.
Established by Mohamed El Yacoubi, Innoflex Group has become a key player in the Moroccan market, employing around 450 individuals and operating two state-of-the-art industrial facilities. The infusion of capital from CDG Invest Growth is expected to support the company in enhancing its production capacity, thereby enabling it to meet the increasing demand for its products and expand its market presence.
The transaction was finalized in June 2026, aligning with Innoflex Group's vision for sustained growth and innovation in the foam and mattress sector. This partnership not only signifies confidence in Innoflex's operational framework but also reflects the growing interest of investors in Morocco's manufacturing landscape.
As reported by africaprivateequitynews.com.
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