Zalar relies on Mitsui’s contribution to strengthen its poultry-farming lead in Morocco
While the opening up of its capital to the Japanese group contributed to financing an acquisition in Switzerland, the profitability of the group controlled by the Chaouni family is, however, suffering, due to a proliferation of bank financing.
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▪ Zalar relies on Mitsui’s contribution to strengthen its poultry-farming lead in Morocco
▪ While the opening up of its capital to the Japanese group contributed to financing an acquisition in Switzerland, the profitability of the group controlled by the Chaouni family is, however, suffering, due to a proliferation of bank financing.
▪ https://www.africabusinessplus.com/en/806007/zalar-relies-on-mitsuis-contribution-to-strengthen-its-poultry-farming-lead-in-morocco/
In June 2018, the manufacturing and services conglomerate Mitsui & Co. Limited invested $25m (€21m) in Zalar Holding through a capital increase reserved for Mitsui & Co. Europe PLC, which took a 12% stake in the Moroccan group controlled by M’hammed Fouad Chaouni and his family.
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