CDG Capital Private Equity has invested in SCE Chemicals, a manufacturer of specialty chemicals, fertilizers and other chemical inputs for industrial clients in Morocco and abroad. 

CDG Capital Private Equity took a minority stake in SCE Chemicals through a capital increase.

SCE Chemicals distributes products like sulfonic acid, silicates, alumina sulphate, powdered sulfur, sulphuric acid and other chemical inputs for the detergent industry. 

The company serves the Moroccan market but also exports its products abroad. 

Its client portfolio includes Unilever, P&G, Distra, and the National Bureau for Drinking Water (Office National de l’Eau Potable).

The injected funds will be used to finance the development of a manufacturing unit for new chemicals. 

The company will then be able to produce previously imported chemicals, diversify its product offering and secure new growth opportunities in the coming years.

Hassan Laaziri, who led the transaction for CDG Capital Private Equity, said: “The chemical industry secures inputs for the Moroccan industrial ecosystem and the demand for locally manufactured products is particularly rising due to the increase in import costs.” 

“SCE Chemicals has inherited the expertise of international market leaders and has been continuously enhancing its production capacity and business standards under the guidance of a visionary management. We are excited to back the company in its ambitious growth strategy and believe our partnership with SCE Chemicals will be key in strengthening the market position of a national industrial flagship.”

SCE Chemicals is the fifth investment of Capmezzanine II, following T2S (medical equipment), Maymana (fine catering), Trarem (office furniture) and Steripharma (pharmaceuticals).

CDG Capital Private Equity is a regulated financial investment manager licensed by AMMC (Association Marocaine des Marchés de Capitaux).