Case Study

CMGP

name

CMGP

country

Morocco

sector

Industrials

industry

Machinery (Irrigation)

CMGP represents an opportunity to invest in Morocco’s leading provider in the space with a strong brand, unique distribution network, a high calibre partner (rolling over its entire stake), a solid management team and with strong exposure to the growth of Moroccan agriculture and potential upside from International expansion.

CMGP is categorised as a Category B investment given it is undertaking medium risk manufacturing activities where ESG impacts can be readily identified and standard preventative and/or remedial measures can be prescribed. The Company has centralised management of environmental and social issues at the Company’s headquarters in Casablanca.