Granal, a subsidiary of the mining and quarrying division of Africorp Mining’s, has announced the acquisition of a 20 percent stake in the Colombus 1 investment fund, managed by Red Med
Private Equity (RMPE).
This strategic transaction, formalised on March 25, 2025, in Casablanca, marks a new phase in the company’s development.
Chaired by Omar Lahlou, Granal plans to accelerate its “2025-2027” Plan by strengthening its territorial network and diversifying its activities to meet the growing demand for construction materials.
The fund will notably support the opening of new operating sites, both in Morocco and internationally.
Starting with a single site, Granal now has nine, spread across Benslimane, Tangier, and Khemisset. For Jaafar Harti, CEO of Africorp Consortium, this transaction reflects the company’s desire to
structure strong industrial hubs to support major national projects.
Mohamed Nasset, Managing Partner of RMPE, sees this as an opportunity to support a high-potential SME in a strategic sector, aligned with the fund’s long-term industrial vision.
This investment reflects a growing interest from investors in building materials, a sector fueled by infrastructure and construction projects.
It also illustrates the dynamic industrial structuring driven by national funds like RMPE, in support of the local productive fabric.
SL/ac/fss/as/APA