Private equity firm Mediterrania Capital Partners (MCP) has finalized an agreement to acquire Amcor Flexibles Mohammedia, a leading Moroccan manufacturer of flexible packaging solutions, in a move set to bolster the company’s presence in North Africa’s industrial sector. The deal, announced on April 23, 2026, involves the purchase of 100% of Société Marocaine des Manufactures de Mohammedia (SMMM), the holding company behind Amcor Flexibles Mohammedia, from global packaging giant Amcor Group.
The acquisition marks a strategic expansion for MCP, which specializes in growth investments across Africa. Amcor Flexibles Mohammedia, based in the coastal city of Mohammedia, operates a fully integrated production facility and serves a diverse client base, including the dairy, pharmaceutical, food and home and personal care industries. The company, which traces its roots back to 1949, has established itself as a key player in Morocco’s packaging market since joining Amcor in 2010.
Albert Alsina, founder and CEO of Mediterrania Capital Partners, described the transaction as a cornerstone of the firm’s investment strategy. “AFM represents a solid industrial platform in a resilient sector, with significant opportunities to expand its product offerings and customer base,” Alsina said. “This acquisition aligns with our commitment to investing in market-leading, mid-sized companies across Africa and supporting their next phase of growth.”
MCP’s leadership emphasized the firm’s hands-on approach to fostering long-term value. Hatim Ben Ahmed, managing partner at Mediterrania Capital Partners, noted that the partnership with AFM’s management team would focus on enhancing production capabilities, improving operational efficiency, and diversifying the company’s product portfolio. “This transaction reflects our dedication to creating sustainable value and promoting industrial champions in the region,” Ben Ahmed added.
The deal remains subject to customary regulatory approvals, a standard step in cross-border acquisitions of this scale. Industry observers note that the transaction underscores Morocco’s growing appeal as a hub for flexible packaging, driven by its strategic location near European markets and a network of free trade agreements with the EU, U.S., and African nations. These advantages position Amcor Flexibles Mohammedia to explore new export opportunities beyond its domestic market.
Amcor’s legacy in strengthening AFM’s operational capabilities was acknowledged by MCP. “We extend our sincere appreciation to Amcor and the entire AFM team for building a high-quality business with strong foundations, a culture of safety, and long-standing customer relationships,” Alsina said. The transition is expected to preserve AFM’s existing strengths while unlocking new avenues for expansion under MCP’s ownership.
The acquisition arrives at a time of heightened interest in Africa’s industrial sector, where private equity firms are increasingly targeting companies with established supply chains and scalable operations. For MCP, the deal reinforces its portfolio of investments in sectors critical to the continent’s economic growth, including manufacturing, logistics, and consumer goods.
No financial terms of the transaction were disclosed. The completion of the deal is anticipated following the fulfillment of regulatory requirements, though no specific timeline has been provided.
As part of the transaction, advisory firm Accuracy provided support to MCP, though details of its role were not specified. The acquisition is poised to further integrate Morocco’s packaging industry into broader regional supply chains, reflecting a trend of increased foreign investment in the country’s manufacturing base.
