Moroccan group Dislog announced, in a press note released on 2 September, having bought company Avendis, consolidating its position as national leader in the distribution of fast moving consumer goods and logistics services.

“This operation of external growth allows us to consolidate our position as national leader in the distribution and logistics services sector with a forecast of 3.1 billion dirhams in 2016”, Moncef Balkhayat, President of Dislog group was pleased to announce. “Our priority will be to create the necessary synergies to improve the profitability ratios of the group”, he added.

With the acquisition of Aventis, Dislog now becomes distributor and logistic operator of national scale for Procter & Gamble, Fater, Mars, Jacob’s DE, Nestlé, BAT, Nutrexpa, Braun, DeLonghi, Wella, Duracell, Dari and Aicha.

The group covers from now on 80,000 retailers directly, 2,000 wholesalers, 300 stores, a logistic platform of 30 regional warehouses and a fleet of 650 vehicles.

It is worth noting that Dislog was supported in this buyout operation by Dentons and Hilmi law firms and Boughaleb & Associés audit firm. The financial package was done by the structured financing teams of Société Générale in Casablanca.