French construction chemicals firm CHRYSO acquires a majority stake in Morocco’s APTEX

French construction chemicals company CHRYSO Group announced, Thursday, that it has signed an agreement to acquire a majority stake in Moroccan firm APTEX, a press release read.

«We are delighted to partner with an international structure offering significant means of development and a strong culture of innovation» commented Mohamed Benlyamani, founder of APTEX.

«By acquiring a majority stake in APTEX, we sustain our long-term relationship with our Moroccan customers and strengthen our local roots in Morocco. We will thus accelerate the deployment of new technologies and support manufacturers in the development of high-performance, environmentally friendly building materials», Thierry Bernard, CEO of CHRYSO declared.

CHRYSO has been present in Morocco for more than thirty years. APTEX, on the other hand, is a local company that has been present in the field of construction chemicals since 2018.