CDG Invest has acquired a minority stake in Crossing Active Line
Karim Diouri and Nabil Mikou, the founders of Crossing Active Line, have sold a minority stake in the company to CDG Invest.
Crossing Active Line is a leading one-stop shop denim platform, specialized in the design, production and export of denim fashion products.
CDG Invest is an investment fund part of CDG, a state-owned financial institution which manages long-term savings in Morocco.
Oaklins’ team in Morocco acted as sell-side advisor in this transaction.
Talk to the deal team
Related deals
Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.
Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.
Learn moreStones Infra Projects has raised debt finance
This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more