One Retail, a Moroccan retail platform owned by H&S Invest Holding, is in talks to raise 200 million dirhams in equity from a consortium led by Colombus 1, a fund managed by Red Med Private Equity. The proposed investment is intended to finance the expansion of its multi-brand retail network across Morocco.
The discussions announced in early November concern new equity backing for the group’s growth plans. Completion of the partnership is subject to approvals from the relevant governance bodies and Morocco’s Competition Council, according to information published by Médias24 on 4 November.
H&S Invest Holding, chaired by Moncef Belkhayat, has built One Retail around several retail formats. Its brands include Franprix, Monoprix, Mr.Bricolage, Intersport, Flormar and Primor, spanning convenience food retail, home improvement, sportswear and beauty products.
A network of 240 outlets
Belkhayat says One Retail now has 240 outlets, fifteen months after its launch. The platform brings together procurement, logistics and some management functions to support the development of its different retail brands.
The company projects revenue of 800 million dirhams in 2026 and 2 billion dirhams in 2027, when it aims to operate 400 stores. By 2030, it is targeting 1,000 outlets and annual revenue of 10 billion dirhams.