Press release13 April 2026Casablanca

Innoflex Group raises MAD 200 million with CDG Invest Growth

A minority fundraise to build a new automated factory, structure the group’s governance and accelerate in the automotive and premium hospitality markets.

Signing of Innoflex Group’s fundraise — founder Mohamed El Yacoubi, right

Casablanca, 13 April 2026 — Innoflex Group, a Moroccan industrial manufacturer of polyurethane foam and bedding, announces a minority fundraise of MAD 200 million. CDG Invest Growth is contributing MAD 110 million, with the remaining MAD 90 million subscribed by other financial partners.

MAD 200mraised for a minority stake
MAD 110mcontributed by CDG Invest Growth
450employees
MAD 140minvestment agreement signed with the State

Three priorities to move up a gear

The funds raised will finance the group’s next growth cycle:

  • A new production unit equipped with advanced automated technologies, to increase capacity and productivity.
  • Structuring the governance of the group, in line with its new scale.
  • Commercial acceleration into new markets, in particular automotive and premium hospitality.

A MAD 140 million investment agreement

In parallel, Innoflex has signed a MAD 140 million investment agreement under the Investment Charter of the Kingdom of Morocco. The agreement forms part of the group’s industrial investment programme.

An integrated model, from factory to end customer

Founded in 2014 by Mohamed El Yacoubi, Innoflex has risen to rank among the top three national manufacturers in its sector. The group has 450 employees and two industrial units in operation. It controls its entire value chain: foam production, mattress manufacturing, distribution to professionals (B2B) and sales to consumers (B2C).

Its Moul Pounj store network had 40 outlets at the time of the announcement, opening at a pace of around two new stores a month. This direct presence with customers informs the group’s product strategy and is a growth driver in its own right, alongside the online mattress brand Enia.

Advisers on the transaction

Innoflex Group was advised by Majorelle Capital (financial adviser) and by the law firm ADNA (legal counsel).

The transaction was announced subject to approval by Morocco’s Competition Council (Conseil de la Concurrence).

About Innoflex Group

Innoflex Group is a Moroccan industrial manufacturer of technical polyurethane foams, mattresses and bedding, based in the Laassilate industrial zone in Casablanca and ISO 9001 certified. The group supplies upholsterers, hotels, riads, distributors and industrial customers in Morocco and export markets, and operates the Moul Pounj and Enia brands. It is part of ANOMA HOLDING Co., its founder’s industrial investment vehicle.

About CDG Invest Growth

CDG Invest Growth is a private equity management company belonging to the CDG group, active in Morocco for around 25 years.

In the press

Press contact

For interview requests or further information: contact@innoflex.ma · +212 661 390 647

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