Retail Holding, a key player in the retail industry across Morocco, France, and Côte d’Ivoire, has bolstered its shareholder structure with the entry of new strategic investors. Fipar-Holding, a subsidiary of CDG Invest, and the International Finance Corporation (IFC), part of the World Bank Group, have acquired 12.03% and 7.05% of Retail Holding’s capital, respectively, further solidifying the company’s position under the leadership of Zouhair Bennani.
This move comes at a time of strategic expansion for Retail Holding, especially in the European market. Already managing brands such as Carrefour, Carrefour Market, and Burger King, the company is also introducing the Brazilian hypermarket chain Atacadão to France. These developments underline Retail Holding’s ambition to diversify its offerings while solidifying its presence across multiple segments of the retail sector.
The exit of historical investors Growthgate Capital Corporation and Euromena III marks a significant shift for Retail Holding. Their departure has allowed Fipar-Holding, IFC, and CDG Invest to take on a more prominent role, providing solid backing for the company’s future growth. With this new shareholder configuration, Retail Holding is well-positioned to continue its expansion both locally and across the continent, while reinforcing its footprint in Europe.
This investment is not just a financial maneuver, but a strategic partnership aimed at supporting Retail Holding’s growth ambitions. The company, which owns 51% of Label’Vie—a publicly traded entity on the Casablanca Stock Exchange—now benefits from substantial support to strengthen its retail operations. With Fipar and IFC onboard, Retail Holding aims to accelerate its expansion, particularly in France, where managing several Carrefour hypermarkets and introducing Atacadão are expected to boost its market share and visibility.
The entry of Fipar and IFC into Retail Holding’s capital marks a pivotal moment in the company’s trajectory. This Moroccan enterprise is increasingly positioning itself as a major player in retail across Africa and Europe. With the expertise and resources brought by these new financial partners, Retail Holding is poised for sustainable and profitable growth.