Dislog Group is taking a major leap forward in its expansion into the healthcare sector. Its medical devices subsidiary, Dislog Dispositifs Médicaux (DDM), has secured 140 million dirhams in fresh capital from CDG Invest Growth, marking a strategic move aimed at accelerating organic growth and driving a series of targeted acquisitions in the medical device industry.
The deal was structured as a reserved capital increase, allowing CDG Invest Growth—through its Capmezzanine III fund—to take a stake in DDM. However, the agreement still awaits regulatory clearance from the Competition Council before it can be finalized.
For Dislog Group CEO Moncef Belkhayat, this investment represents a defining moment in the company’s ambition to become a major player in the medical device space, with the long-term goal of serving both public and private healthcare sectors—not only in Morocco, but across Africa.
DDM is now positioned as the cornerstone of Dislog’s healthcare strategy and will serve as the main vehicle for integrating future acquisitions. Among the companies already in its sights are Megaflex, Africare, Afrobiomedic, and Farmalac.
Hassan Laaziri, Managing Director of CDG Invest Growth, described the deal as a significant step into a sector with far-reaching societal impact. “This marks our fifth investment in healthcare,” he noted, “which reflects our strong belief in the sector’s long-term potential.”
Since its founding in 2005, Dislog Group has evolved far beyond its origins in consumer goods. Today, it operates across three key areas: hygiene, food, and health. In the hygiene sector, its acquisition of Sanicroix from Procter & Gamble helped it build a solid footprint through Hygiène Modern Industries (HMI). In food, Dislog expanded its European presence with brands like Carré Suisse and Chef Sam, based in Barcelona. In healthcare, acquisitions such as Steripharma and Kosmopharm have helped the group assemble a complete and vertically integrated value chain.
CDG Invest Growth, for its part, continues to fulfill its mission of supporting high-potential Moroccan businesses. Alongside Dislog, it has backed prominent firms like HPS, Oncorad, and Intelcia. Over the past two decades, the team has raised nearly 2 billion dirhams and completed more than 25 transactions—all with a focus on sustainable growth and strong corporate governance.
