Sanlam Maroc and Dislog Group have announced a strategic partnership, with Sanlam Maroc acquiring a non-controlling minority stake in Dislog Group for 150 million dirhams. This investment is designed to fuel Dislog’s expansion in the healthcare sector, particularly through external acquisitions in pharmaceuticals and medical devices.
As a key player in Morocco’s insurance market, Sanlam Maroc is strengthening its commitment to the healthcare industry, a field in which it already has recognized expertise. This partnership with Dislog Group aligns with its broader vision of growth and innovation, aiming to support the evolving Moroccan market.
For Dislog Group, which already has a strong foothold in pharmaceuticals and medical equipment through subsidiaries such as Megaflex, Kosmopharm, Steripharma, Somapharma, Africare, and Dislog Santé, the investment will help accelerate development and expand its offerings.
This transaction marks an important milestone in Dislog Group’s shareholder structure. Moncef Belkhayat, Chairman and CEO of Dislog Group, emphasized the significance of this alliance, stating: “With Sanlam joining our capital, we are further institutionalizing our shareholder base. As a leading Moroccan player in FMCG and healthcare, we are committed to raising the national flag beyond our borders and accelerating our international expansion.”
Yahia Chraibi, CEO of Sanlam Maroc, highlighted the synergies between the two companies: “Sanlam and Dislog share a common commitment to innovation and service excellence. This investment reflects our dedication to supporting the Moroccan economy and strengthening our presence in the healthcare sector.”
Founded in 1949, Sanlam Maroc is a major player in the Moroccan insurance market, with a strong presence in auto, home, health, life, and corporate insurance. The company serves over 5 million policyholders and generated 6.28 billion dirhams in revenue in 2024, distinguishing itself through its extensive network and expertise in health insurance.
Established in 2005, Dislog Group operates in FMCG, healthcare, and the plastics industry. With 3,400 employees, the group develops a diverse range of products, from hygiene and pharmaceutical goods to food items.
