SFC Automotive Solutions Expands Operations in Morocco
SFC Automotive Solutions, a multinational group owned by the German investment fund Mutares, has officially inaugurated its new manufacturing unit within the Tangier Med industrial platform, marking a significant milestone in the expansion of its operations in Morocco. The inauguration ceremony was attended by Karim Zidane, the Minister of Investment, Convergence, and Public Policy Evaluation, alongside the senior management of Mutares and SFC Solutions, Ahmed Bennis, General Director of Tangier Med Zones (TMZ), and local authority representatives.
Spanning an area of 6 hectares, this new industrial facility represents a total investment of 28 million euros and aims for a projected revenue of 85 million euros while creating 900 direct jobs. This establishment will enable SFC Automotive Solutions to enhance its production capabilities and meet the increasing demand within the automotive sector, solidifying its position with European and American clients.
Significance of the New Plant and Future Prospects
During the inauguration, Minister Zidane emphasized that "this inauguration marks a crucial step in strengthening Morocco's industrial vocation," noting it reflects the confidence of international investors in the local ecosystem and affirms the competitiveness of Tangier Med as a leading platform. He stated, "Through this project, we further solidify the Kingdom's integration into global value chains while creating sustainable employment opportunities and skills development."
Fabio Morandi, Operating Partner at Mutares and President of SFC Automotive Solutions, remarked that the opening of this new factory represents a major step forward for the company in Morocco, reflecting their long-term commitment to industrial excellence, innovation, and sustainable growth. He emphasized that "this investment not only aims to bolster our production capabilities but also to reinforce our position as a key player in the North African automotive industry while contributing to the economic and social development of the region and supporting our clients with reliable, efficient, and sustainable solutions."
Ahmed Bennis indicated that the inauguration of SFC Automotive Solutions confirms the interest of German investors in the Tangier Med industrial platform. He highlighted, "Over the years, we have supported the development of a competitive ecosystem, bringing together several world-renowned industrial players. The arrival of SFC Automotive Solutions strengthens the presence of major German automotive suppliers such as ZF Lifetec, MUBEA, KOSTAL, and others." He added, "We are delighted to support this structuring project, which will contribute to job creation, local skills development, and enhance the Kingdom's industrial integration into global value chains."
The factory specializes in the production of rubber and thermoplastic automotive sealing solutions, including technical body seals, ensuring the performance and reliability of automotive systems. Additionally, it manufactures Fluid Transfer Systems (FTS) using rubber hoses or hybrid plastic materials designed for the cooling systems of thermal, hybrid, and electric vehicles.
With advanced production technologies, world-class productivity levels, and adherence to the highest quality standards, these solutions meet automotive manufacturers' requirements for performance, durability, safety, and operational reliability. Following the inauguration, a memorandum of understanding was signed with the German investment fund Mutares to establish a cooperative framework aimed at facilitating access to its portfolio of over 40 multinational companies and assisting their establishment in Morocco.
This partnership aspires to encourage the development of new industrial activities, particularly in the automotive sector, and to strengthen the competitiveness and positioning of German and European companies. Notably, the Tangier Med industrial platform hosts more than twenty German companies operating in the automotive, logistics, electronics, and other industries, which have invested over 3 billion dirhams and generated more than 10,000 direct jobs, achieving an overall revenue of approximately 9 billion dirhams by 2025.
As reported by lopinion.ma.
