Forafric Global closes sale of 68% stake in Forafric Maroc to Cap Holding
Reuters2026/08/05 15:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Forafric Global closed the transfer of a 68% stake in Forafric Maroc to Morocco’s Cap Holding.
- Cap Holding committed to a MAD 100 million capital increase, a MAD 280 million debt reduction, and two years of funding support.
- The deal leaves Forafric Agro Industries with a minority stake, protected from dilution during the two-year funding period.
- Crédit Agricole du Maroc is set to take a 7% stake via conversion of MAD 100 million debt into equity; the document is signed.
- Management framed the transaction as completing a restructuring and positioning Forafric Maroc for its next growth phase.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forafric Global plc published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051130BIZWIRE_USPR_____20260805_BW265875) on August 05, 2026, and is solely responsible for the information contained therein.
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