Retail Holding and the investment fund Améthis have announced their acquisition of the OCS Group’s operations in Morocco and Senegal, marking the exit of previous backers Adenia and Proparco, who had supported the company since 2021.
Established in 2009, OCS has become a leading force in the contract catering industry through its subsidiaries Ansamble and Proxirest. In recent years, the group has expanded into facility management, operating under the brands Artis in Morocco and Alizés in Senegal. With a workforce of 6,000 employees and a presence on over 220 sites, OCS generates annual revenues exceeding one billion dirhams.
Since taking the helm in 2023, CEO Nicolas Belleteste has not only strengthened the group’s market position but also managed to double its activity volumes, supported by the outgoing shareholders.
The acquisition allows Retail Holding to deepen its footprint in a sector undergoing rapid transformation. As Morocco’s major industrial hubs evolve and the private education and healthcare sectors continue to grow, demand for outsourced services is on the rise. Retail Holding plans to leverage its strong logistics network and human capital to take advantage of this upward trend.
According to Riad Laissaoui, Chairman and CEO of Retail Holding, this move aligns with a broader strategy of targeted expansion through the acquisition of well-established, complementary businesses. He also emphasized the strength of the company’s partnership with Améthis, which is expected to provide significant opportunities for shared growth.
Wilfried Poyet, senior partner at Améthis, highlighted this deal as the firm’s sixteenth investment in Morocco and expressed confidence in OCS’s potential for continued growth under the guidance of its new leadership.
The transaction is still pending approval from the Competition Council.
