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historique-bandeau-mobile HISTORY

HISTORY

Learn about the Cosumar Group’s birth and development since 1929.

HISTORY

COSUMAR’s history has been inseparable with the early industrialization of white sugar in Morocco.

Formerly of homemade fabrication, it was in 1929 that the first sugar refinery was established in the Roches Noires district of Casablanca. Let’s discover the milestones in the history of this major Moroccan company.

1929

BIRTH OF COSUMA

Creation of the Casablanca refinery’s historic site by the Société Nouvelle des Raffineries de Sucre Saint-Louis in MARSEILLE. 100 tonnes of sugar were produced per day, exclusively in the form of sugarloaves.

1929
1967

FROM COSUMA TO COSUMAR

The Moroccan State acquires 50% of the capital.

1967
1985

COSUMAR: SUBSIDIARY OF THE FIRST PRIVATE GROUP, ONA

ONA group takes over Cosumar’s capital, now listed in the Casablanca stock exchange.

1985
1993

ACQUISITION OF THE DOUKKALAS SUGAR FACTORIES

Cosumar absorbs the Doukkala sugar factories (Zemamra and Sidi Bennour), of which it already held a significant share.

ACQUISITION OF THE DOUKKALAS SUGAR FACTORIES
2005

BIRTH OF A GROUP

Acquisition of 4 public sugar companies: SUTA, SURAC, SUNABEL and SUCRAFOR

2005
2006

THE FIRST UPGRADING INVESTMENTS

Project for the extension of the beet processing capacity to 15 000 tonnes of beet/day at the Sidi Bennour sugar factory, amount of investment: MDH 850.

2006
2009

COSUMAR’S 80 YEARS AND RECOGNITION AS AN AGGREGATOR MODEL OF THE SUGAR INDUSTRY

Barid Al Maghrib dedicates a stamp to the Moroccan sugar industry on the occasion of the 80th anniversary of its inception. COSUMAR is awarded FAO’s medal for its aggregation model.

2009
2012

CGEM’S LABEL AND « CSR PIONEER» AWARD

COSUMAR is awarded CGEM’s social responsibility label and designated as a Pioneer of CSR in Africa by the CSR Institute

2012
2013

ENTRY OF WILMAR INTO THE GROUP’S CAPITAL

SNI transfers 27.5% of COSUMAR’s capital to Singapore’s Wilmar group.

2013
2014

SALE BY SNI OF A MAJORITY STAKE IN COSUMAR

Entry of a consortium of institutional investors into the capital of the company: Axa Assurances, CNIA Saada, RMA Watanya, SCR, Wafa Assurances, MAMDA, MCMA, CDG, CMR, RCAR, Wafa Gestion, and CFG. 

2014
2015

New Brand Identity

COSUMAR has announced its new Brand Identity during the INTERNATIONAL AGRICULTURE SHOW IN MOROCCO 2015.

2015