(Ecofin Agency) - According to exclusive information from the Moroccan website Medias 24, the holding Anouar Invest will sell its fishing business to Supreme Group for 800 million dirhams. The media which makes reference to sources close to the project indicated that Anouar Invest will sell all its shares in the company Silver Food and its subsidiaries Silver Fishing and Sopcoda to Talem Food & Beverages Trading which is a subsidiary of Supreme Group.

The latter thus takes control of one of the leaders in the kingdom on the fish cannery segment. Indeed, Silver Food which processes on a daily basis over 200 metric tons of fish products has an annual production capacity of around 150,000 metric tons. For Supreme Group, this acquisition is another step in its strategy of deployment in the African food industry sector.

The group had announced at the beginning of the year that it was setting up a budget of US$ 500 million to buy shares in African SMEs operating within the food industry. It had already given an idea of its ambitions and the means available to achieve them when it bought Tunisian GEPACO (holder of the famous brand Moulin d’Or) though GEPACO was getting ready to be listed.

Supreme Group which supplies the American army, amongst others, carved itself a global reputation as leader for conflicted zones supply chains.