A.P. Moller Capital acquires 49% stake in Mass Céréales al Maghreb
By Global Infrastructure Sherpa · Feb 23, 2026
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Project
A.P. Moller Capital acquired a 49 percent stake in Mass Céréales al Maghreb, a major grain operator.
Deal Analysis
A.P. Moller Capital's acquisition of a 49% stake in Mass Céréales al Maghreb (MCM) represents a significant investment in Morocco's grain transport and processing infrastructure. The deal involves a major grain operator in the region and signals growing investor confidence in the Moroccan agricultural sector. The involvement of STOA and Africa50 Infrastructure Acceleration Fund as buyers alongside A.P. Moller Capital further underscores the strategic importance of this investment for regional food security and supply chain efficiency.
While the deal value remains undisclosed, the participation of established infrastructure funds like A.P. Moller Capital and Africa50 suggests a substantial commitment to upgrading and expanding MCM's operations. This acquisition likely aims to capitalize on the increasing demand for efficient grain handling and distribution in Morocco, potentially leading to improved logistics and reduced post-harvest losses. The deal also aligns with broader efforts to strengthen agricultural value chains and enhance food security across the African continent.
- A.P. Moller Capital acquires a significant 49% stake in Mass Céréales al Maghreb (MCM).
- The deal involves a major grain operator in Morocco.
- STOA and Africa50 Infrastructure Acceleration Fund are also involved as buyers.
- The acquisition aims to improve grain handling and distribution efficiency in the region.
Market Context: The deal occurs within the context of Morocco's growing agricultural sector and increasing demand for efficient grain transport and processing infrastructure. The involvement of infrastructure funds highlights the sector's attractiveness for long-term investment.
Source Intelligence
KEY DETAILS
A.P. Moller Capital's Morocco Fund has raised $243 million to invest in the country's transport and logistics infrastructure. Quote: A.P. Moller Capital’s Morocco Fund has raised $243 million to invest in the country’s transport and logistics infrastructure, drawing strong backing from local and international institutional investors.
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Deal Size
A.P. Moller Capital Raises $243m for Morocco Transport Infrastructure
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Location
A.P. Moller Capital Raises $243m for Morocco Transport Infrastructure
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Announcement
February 23, 2026
PARTIES MENTIONED IN SOURCE
A
A.P. Moller Capital
investor
"A.P. Moller Capital Raises $243m for Morocco Transport Infrastructure"
E
Emerging Markets Infrastructure Fund II
investor
"the fund secured a $65 million commitment from the Emerging Markets Infrastructure Fund II."
M
Mohammed VI Investment Fund
investor
"It was also selected to join the Mohammed VI Investment Fund, reinforcing Morocco’s long term infrastructure financing framework."
M
Mass Céréales al Maghreb
portfolio company
"The firm has previously invested in port assets, including a 49 percent stake in Mass Céréales al Maghreb, a major grain operator"
medium quality
Enriched Feb 25, 2026
Market Context
This deal is part of the Transport sector in Morocco.
1 of 110 Transport deals tracked this month · Updated daily