Principal Activities
Production of pasteurized and sterilized milk, yogurts and butter.
Date of Establishment Year
1940
No of Employees
N/A Company, 2,460 Group (As of May 31, 2011)
Total Production Capacity
445,000 tons of dairy products per year
|
Acquistion
Status
Complete
Acquirer
Target
Announcement Date
16 Mar 2009
Closing Date
16 Mar 2009
|
Direct Investments and Related Entities  |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Fromagerie des Doukkalas |
Morocco |
80.00% |
|
Auditors
| PricewaterhouseCoopers |
Ernst and Young |
Banks
| Atijaria Wafa Bank |
Banque Marocaine pour le Commerce et l'Industrie |
| Banque Marocaine du Commerce Extérieur |
Société Générale Maroc |
| Financial Results |
31-Dec-08 |
31-Dec-09 |
Yr on Yr |
| |
MAD'000 |
MAD'000 |
change (%) |
Total revenues  |
5,246,319
|
5,655,038
|
7.79 |
Net profit  |
503,980
|
611,843
|
21.40 |
| Total assets |
2,367,016
|
2,550,413
|
7.75 |
| Paid-up capital |
94,200
|
94,200
|
0.00 |
| Shareholders' Equity |
1,059,767
|
1,210,030
|
14.18 |
| Shares outstanding |
942
|
942
|
0.00 |
| Note: Current shares outstanding is 9,420,000 |
| » View Full Financials |
|