H&S Invest Holding, led by Moncef Belkhayat, takes a new step in its expansion by announcing a co-controlling 25% stake in GIDNA, a major player in Morocco's construction and public works sector. This strategic alliance aims to accelerate GIDNA's growth, with an ambitious target: reaching 1 billion dirhams in revenue within a year. GIDNA: A Key Player in Morocco's Construction Industry Since its establishment in 2006, GIDNA has become a benchmark in the construction of specialized buildings and complex infrastructures, operating across multiple strategic sectors: * Industry: factories, warehouses, and industrial facilities * Logistics: logistics infrastructures, transport terminals, and distribution centers * Education: schools, universities, and training centers * Healthcare: hospitals and clinics * Sports: sports complexes, training centers, and indoor arenas As part of this partnership, a governance restructuring will be implemented, notably by strengthening the financial management department in anticipation of a potential stock market listing between 2027 and 2028, depending on the progress of preparations. H&S Invest Holding: A Growing Investment Ecosystem This acquisition aligns with the diversification strategy of H&S Invest Holding, which is expanding its presence across several key sectors: * Industry & Distribution through Dislog Group * Logistics & Transport via Building Logistics Services * Media & Communication through WB Africa and Horizon Press * Real Estate & Construction with Kaya Immobilier and now GIDNA This transaction is subject to prior approval from the Competition Council. Key Players in the Deal To execute this transaction, H&S Invest Holding was advised by Hilmi Law Firm, a specialized business law firm. About H&S Invest Holding Founded in 2005, H&S Invest Holding is a major investment group operating in hygiene, food, healthcare, logistics, marketing, and real estate development. Structured around four core divisions, the company has become a market leader in Morocco by integrating the entire FMCG and Pharma value chain. Present in Morocco and Europe, it employs 5,200 people and continues to develop comprehensive solutions for its clients and partners. About GIDNA (Global Infrastructure Development North Africa) Established in 2006 by Zaid Lahbabi, GIDNA is a leading construction company in Morocco, specializing in specialized buildings, industrial facilities, and complex infrastructures. With strong expertise in TCE (Tous Corps d'Etat – All Trades Construction) and an experienced team, the company combines innovation, quality, and sustainability. With 1,800 employees and a 650 million dirhams turnover in 2024, GIDNA is responsible for major infrastructure projects that have a lasting impact.
