Blue Investment Holding acquires 35% stake in BIM Stores SARLAU

MOROCCO – Blue Investment Holding is owned by Helios Investment Partners, a private equity fund manager focused on the Africa region, has acquired 35% stake of BİM BİRLEŞİK MAĞAZALAR (BIM’s) Moroccan subsidiary BIM Stores SARLAU. BIM is a leading discount grocery retailer in Turkey listed on the Borsa İstanbul. The acquisition of the 35% stake values the Company to over US$200 million. “We are very excited about partnering with BIM, a world class partner and the pioneer of discount retail in Turkey, to invest in their market-leading, fast-growing, and profitable…

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