Supporting high-growth SMEs in the MENA region.

Beehive, Château Clarke, Listrac-Médoc

Amethis
North Africa
& Middle East

220209 Mxhpics SFHM 0246 220209 Mxhpics SFHM 0246
Porous clay of the amphoras for the Eve Cuvée, Château de Malengin, Montagne Saint-Emilion

Investment strategy
- Significant minority investments in family-owned SMEs at the heart of the local economy; majority investments on an opportunistic basis.
- Focus on growth sectors addressing to the middle class needs and benefiting from demographic dividend and supply chains regionalisation.
- Sustainability approach: strong social commitment by placing quality of employment at the core, together with environmental mindfulness.

Value creation
- Drive organic growth, industrial improvements and regional expansion.
- Solid access to MENA markets, reinforced by local presence, extensive network and the team’s expertise facilitating portfolio synergies.
- Supporting the recruitment of top-tier professionals.
Implementation of governance best practices for family-owned businesses.
- Access to dedicated ESG, legal and financial resources.

Investment team
Dedicated local team based in Casablanca and Cairo.
A strong, seasoned, and diverse team of 50 professionals representing 14 nationalities.

Target allocation
Target markets: most dynamic SMEs with regional ambitions in the MENA region.
Targeted sectors: consumer, manufacturing, healthcare, education, business services and technology.

Case study:
Magriser (Morocco)

Supporting a more resilient and resource-efficient agriculture

DSC 36 2560
Harvest fork, Château Clarke, Listrac-Médoc

Water scarcity has become a major concern. By 2023, the freshwater cycle will have reached its sixth global limit. Morocco, with water deficits ranging from 57% to 70%, devotes 87% of its water to agriculture, which employs 40% of the working population and accounts for 15% of GDP. The adoption of drip irrigation and other water-efficient technologies is crucial to reducing demand for fresh water.

Created in 1987, Magriser was one of the forerunners of the micro-irrigation in Morocco. It offers a full line of micro irrigation equipment ranging from basins coverings, PVC and micro irrigation pipes to filtration, fertigation, and solar pumping systems

Value creation
Expand the distribution network.
Implement a production unit.
Launch of the installation activity.
Strengthening of the finance function.

 

Icon Gerants Patrimoine Ext 02
100
m³ of water saved per year
Icon Edr Assurances Conseils 01
38%
Employment created locally
Icon Gerants Patrimoine Ext 02
3,500
tonnes of butane gas saved every year

 

Source: Amethis - data as of 31/12/2023. The mention of certain investments does not constitute a recommendation to buy or sell the securities of the companies presented.