Dislog Group is consolidating its European expansion with the acquisition of BBW/Chef Sam. This agreement also opens a new era of growth for the group led by Moncef Belkhayat, particularly in Western Europe. The acquisition aligns perfectly with its international ambitions and promises operational synergies, particularly in the agri-food sector.
In an important strategic move, Dislog Group has formalized the acquisition of BBW/Chef Sam, thereby consolidating its presence in the European market. The signing of the binding offer, which took place in Madrid on January 15, crowns discussions with the Nexxus Iberia investment funds as well as the founding shareholders Bernard Hours, Rafael Esteve and Jose Cano. Moncef Belkhayat, CEO of Dislog Group, expressed his enthusiasm by ensuring that this acquisition marks a key step in Dislog Group’s transformation and internationalization project.
“After having successfully completed our industrial shift in Morocco and business services, particularly in the hygiene, food and health sectors, we are ready to accelerate our international development and particularly in Europe. ‘West,’ he notes.
Indeed, for the CEO of Dislog Group, Chef Sam represents a good opportunity for Dislog Group, in particular thanks to its management team specialized in the agri-food industry, which will allow the Moroccan group to create synergies with the activities already present in France.
European leadership in sight
Chef Sam, recognized for its efficient distribution and partnership with brands, such as Oatly, Vitacoco, Pastoret, Heura, Trip, La Vie…, plays a crucial role in the European distribution network, covering eight countries. Being also a shareholder of several consumer products companies such as Midnight, Chic&Love, Chipoys, Coliflow or Family Love, the company generated, in 2023, a turnover of 35 million euros and posted growth of 20% .
With this acquisition, the consolidated turnover of Dislog Group in Europe is projected at 75 million euros for 2024. This transaction illustrates Dislog Group’s ambition to become an undisputed leader in the European food distribution market, in focusing on innovative and growing companies such as Chef Sam.
€40 million
The acquisition, valued at 40 million euros, is subject to the approval of the Moroccan authorities, including the Office des Changes and the Competition Council. Dislog Group was advised by Me Rachid Hilmi, Me Olivier Paquereau from Arst, as well as the accounting firm Boughaleb & Associés. For their part, BBW shareholders benefited from the support of Grant Thornton Spain and V4 Financial Partners.
Sanae Raqui / ECO Inspirations
