Biomag Enhances Expansion with Comaner Acquisition
Deal News | May 20, 2025 | IMAP Netherlands
Biomag, a Moroccan company established in 1980 and owned by the Tazi family, specializes in producing liquid and powdered flavorings and functional blends for the food processing industry. The company serves various sectors, including dairy, confectionery, snacks, sauces, and processed meats. Recently, Biomag was acquired by Comaner, Morocco's leading distributor and producer of food ingredients and additives. This strategic acquisition, facilitated by IMAP Morocco (Ascent Capital Partners), allows Comaner to strengthen its presence in the flavor and blend segments and further integrate its offerings for the food manufacturing sector. It also enables Biomag to accelerate its development plans by leveraging Comaner's sector expertise and extensive client base. The transaction underscores IMAP Morocco's proficiency in agribusiness, showcasing its capability in advising founder-led businesses on strategic sales.
Sectors
- Food Processing Industry
- Agribusiness
Geography
- Morocco – The transaction occurred within Morocco, involving Moroccan companies Biomag and Comaner, and facilitated by IMAP Morocco.
Industry
- Food Processing Industry – Both Biomag and Comaner operate within the food processing industry, focusing on the production of flavorings, additives, and ingredients essential for food manufacturing.
- Agribusiness – IMAP Morocco has demonstrated expertise in this sector by facilitating the transaction, which involves businesses related to agriculture and food production.
Financials
- 100% – Biomag was sold entirely, with Comaner acquiring 100% of its shares.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Biomag | Target Company | Company | A Moroccan company specializing in the production of liquid and powdered flavorings and blends for the food industry. |
| Comaner | Bidding Company | Company | Morocco's leading distributor and producer of food ingredients and additives, acquiring Biomag. |
| IMAP Morocco (Ascent Capital Partners) | Advisor | Company | Provided advisory services for the acquisition of Biomag by Comaner, showcasing expertise in strategic operations in agribusiness. |
| Tazi family | Shareholders | People | Owned Biomag prior to the sale to Comaner. |