Middle East Economic Survey
VOL. XLVIII
No 11
14-March-2005
MOROCCO
Moroccan Product Distributors Merge
Two of Moroccos petroleum product distributors on 2 March announced their merger, a move that gives the new firm about 30% of the retail market and puts it ahead of Total and Shell retailers, both of which have about 20% of the market. The company Afriquia bought Somepi in what the Moroccan media claim was a deal worth around $118mn. Combined, the new company will have estimated annual sales of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!