Moroccan RMK Holding sells 6% of its capital to Renate Investment Management

(Agence Ecofin) – As it continues its growth trajectory, the Moroccan operator RMK Holding has chosen to open up a minority share of its capital to 3 new players.

The Moroccan technological group RMK Holding, which controls the specialist in electronic payment systems M2M Group and the payment operator Naps, surrendered to an undisclosed amount, a minority share of 6.16% of its capital in the investment holding company Renate Investment Management.

The agreement between the two parties comes a few weeks after the entry of Retail Holding and its subsidiary Label’Vie into the capital of the group founded by Rédouane Bayed. They each acquired 4% of shares, and indicated their desire to develop commercial synergies with RMK Holding for the benefit of their respective activities.

From media sources, we learn that the funds raised by the RMK Holding group within the framework of these various operations could enable it to strengthen itself in the capital of its subsidiaries M2M Group and Naps by acquiring additional shares. The information has not yet been confirmed by the group’s top management.

However, RMK Holding will continue its growth program and strengthen its positions in Morocco and internationally.

Chamberline Moko

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