Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments in Africa, has announced the signing of a Share Purchase Agreement for the acquisition of 100% of Société Marocaine des Manufactures de Mohammedia (SMMM), the holding company of Amcor Flexibles Mohammedia (AFM), from Amcor Group.

AFM is a Moroccan manufacturer of flexible packaging solutions, primarily serving the dairy industry, as well as the pharmaceutical, food and home and personal care sectors.

Based in Mohammedia, the company operates a fully integrated industrial platform and enjoys a long-standing industrial heritage dating back to 1949.

Since joining Amcor in 2010, AFM has developed into a recognised player in the Moroccan packaging industry, supported by strong operational capabilities and high-quality standards.

“AFM represents a solid industrial platform in a resilient sector, with opportunities to further expand its product offering and customer base. This acquisition reflects our firm’s strategy of investing in market-leading mid-sized companies across Africa and supporting their next phase of growth,” said Albert Alsina, Founder and CEO, Mediterrania Capital Partners.

MCP acknowledged the "remarkable development" achieved by AFM under Amcor’s ownership over the past few years.

Amcor has played a key role in strengthening the company’s operational excellence, industrial capabilities and positioning in the market.

MCP extended its "sincere appreciation to Amcor and to the entire AFM team for building a high-quality business with strong foundations, a culture of safety and long-standing customer relationships".

“I’m incredibly proud of the team at Mohammedia and what they achieve together. This new chapter with MCP is an opportunity to build on that momentum, continuing a strong safety culture and a clear focus on customers,” said Mustapha Adiane, Plant General Manager of AFM.

As it becomes the new owner of AFM, MCP is fully committed to ensuring continuity and building on these strong foundations.

The firm takes this responsibility seriously towards all its stakeholders – employees, customers, suppliers and partners.

MCP intends to work closely with the existing management team to support the company’s development, maintaining its high standards in safety, quality and customer service, while accelerating growth through targeted investments, operational enhancements and strengthened governance.

Building on its experience in the packaging sector and its broader track record across Africa, MCP aims to position AFM as a leading flexible packaging platform in Morocco and beyond.

“Together with AFM’s management, we will focus on expanding the company’s production capabilities, enhancing operational efficiency and supporting the diversification of its product portfolio and client base. This transaction also aligns with MCP’s hands-on investment approach, which aims to create sustainable value and promote industrial champions across the region,” concluded Hatim Ben Ahmed, Managing Partner at Mediterrania Capital Partners.