A shift is underway in Morocco’s grain logistics sector, as two major players join forces to take control of a key company in the field. Transwin SARL and Cap Holding SA are entering into a joint ownership agreement over Finalog SA, a well-established name in grain storage and transport.

Under the new arrangement, both Transwin and Cap Holding will each acquire a 50% stake and equal voting rights in Finalog. The partnership brings together two very different yet complementary companies. Transwin, headquartered in El Jadida, has built its reputation in freight and logistics, while Cap Holding, a Casablanca-based investment firm, specializes in asset management and securities trading.

Finalog SA, which holds capital exceeding 20 million dirhams, operates out of the Roches Noires industrial zone in Casablanca. It plays a critical role in the grain supply chain, handling transportation, loading and unloading, and—most crucially—storage. In today’s global context, where food security and supply chain resilience are growing concerns, the company’s expertise in storage gives it a strategic edge.

This move signals a clear intent from both buyers to expand their influence in Morocco’s agricultural sector—a cornerstone of the national economy. By pooling their resources and expertise, they aim to boost logistics performance in a market that’s becoming increasingly competitive and complex.