Private equity firm Amethis has acquired a minority stake in Energy Transfo, a leading company in the design and manufacturing of solutions for the electricity and renewable energy sectors in Morocco. Energy Transfo specializes in transformers, electrical cabinets, and compact urban substations, crucial components of electricity distribution. The investment aims to support Energy Transfo’s growth in Morocco and expansion in sub-Saharan Africa, focusing on increasing production capacity, market penetration, and operational optimization.
Key Points:
- Energy Transfo, founded in 1989 and acquired by the Taariji family in 1994, is a Moroccan company specializing in electrical equipment for electricity distribution.
- The company’s products facilitate the conversion of medium-voltage electricity into low-voltage electricity, enabling it to be connected to the grid for use by households, industries, and public services.
- Energy Transfo has diversified its offerings in recent years, including creating a solar and electric mobility division, and establishing a customer support service to enhance client relationships.
- The company has gained recognition for the quality of its products, adaptability, and customer-centric approach, establishing a strong presence in French-speaking sub-Saharan Africa.
- Amethis’ investment aims to support Energy Transfo’s growth strategy, focusing on consolidating its position in Morocco, expanding in sub-Saharan Africa, and optimizing operations and commercial activities.
Analysis: Amethis’ investment in Energy Transfo demonstrates confidence in the growth potential of the energy and renewable sectors in Morocco and sub-Saharan Africa. Energy Transfo’s strategic focus on electricity distribution aligns with the increasing demand for reliable energy infrastructure across the continent. By providing financial support and operational expertise, Amethis aims to facilitate Energy Transfo’s expansion efforts, contributing to the electrification and development of the region. The investment underscores the significance of private equity in driving sustainable solutions for Africa’s energy needs.
