Innoflex Group raises 200 million MAD to boost regional expansion
Innoflex Group, a leading Moroccan producer of polyurethane foam and mattresses, has secured a major financing round worth 200 million Moroccan dirhams (MAD) to accelerate its regional growth strategy.
The investment was completed in partnership with CDG Invest Growth, marking a significant step in the company’s long-term development plan. The funding is expected to support Innoflex Group’s ambition to strengthen its position as a key industrial player across North Africa and beyond.
Company officials described the operation as the result of nearly eight years of steady growth, during which the group evolved from a modest starting capital into one of the top three industrial players in Morocco’s foam and bedding sector. The company also highlighted the creation of more than 450 direct jobs as part of its expansion journey.
The new capital injection will be used to support a fresh phase of growth, focusing on scaling production capacity, expanding market reach, and building stronger regional and continental industrial leadership.
Innoflex Group was supported in this transaction by advisory teams from Majorelle Capital and ADNA, which helped structure and execute the deal.
The investment reflects a broader trend in Morocco’s industrial sector, where mid-sized companies are increasingly attracting private capital to support regional expansion and competitiveness.
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