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.
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