Amethis buys minority stake in Moroccan based Groupe Premium

Amethis has acquired a minority stake in Morocco’s industrial equipment distributor known as Groupe Premium which was founded as a family business in 1946. Groupe Premium supplies equipment in construction, mining and agriculture sectors and has more than 50 brands such as John Deere, Linde, Manitou, Bomag, Putzmeister and Sandvik. The company has been expanding rapidly and now has a presence in West Africa. The acquisition amount is undisclosed.

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