In June, Mutandis founder Adil Douiri bought Risma’s shares (33%) in the hotel operator Accor’s Moroccan subsidiary. Accor has 39 establishments with a total capacity of 6,000 rooms and is developing four new hotel projects.
“I prefer to talk about companies and projects rather than myself. And even less about other people,” says Adil Douiri.
The co-founder of Casablanca Finance Group (CFG), the most prominent investment bank in Morocco, he was part of G14 think tank from 1996-1999, created by King Hassan II to draw up the country’s growth strategy. The powerful businessman was in government from 2002-2007 as minister for tourism, and in March 2008 founded Mutandis group, operating in the consumer, food and automobile markets.
For the acquisition of the Accor shares he created a new company, Mutris, whose ownership he has not disclosed. The statutes only list Souad Benbachir Hassani,
There's more to this story
Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
cancel anytime
Already a a subscriber Sign In
