CDG Invest PME sells majority stake in MedTech companies

MOROCCO – CDG Invest PME (CIP), a leading Morocco-based private equity firm and Techniques Science-Santé (T2S), IM Alliance, Cyclopharma and Binarios have announced the signing of an agreement for the sale of a majority stake in MedTech companies in Morocco to funds managed by Helios Investment Partners. Founded in 1992 by M. Abderraouf Sordo as well as other managers, the Group has grown to become the leading medical equipment distributor and maintenance provider in Francophone Africa, generating revenues of EUR100 million (US$118.72m) in 2020. “Today’s milestone is a testimony of…

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