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Fibre Packaging

Le Carton

Broader sector Private
Headquarters
Ain Harrouda, MA
Segment
Fibre Packaging
Stories held
1
Last story
17 Sep 2026

Le Carton is a Moroccan packaging manufacturer founded in 1927, producing cardboard packaging and, since 1999, plastic packaging from its plant in Ain Harrouda. Formerly listed on the Casablanca Stock Exchange, it was sold by holding company Holmarcom to investment fund Almamed in 2014.

1 stories · 2026

Mediterrania-backed platform seeks control of Morocco's Alma Pack and Le Carton

Morocco's Competition Council has published notification of a proposed acquisition under which Société Marocaine des Manufactures de Mohammedia, controlled by private-equity group Mediterrania Capital Partners, would take exclusive control of Alma Pack and Le Carton. The deal would combine flexible packaging, aluminium tubes, plastic labels and rigid cardboard within one platform in Morocco. No transaction value, financing structure or completion timetable has been disclosed, and third parties have until 28 September 2026 to comment before the regulator rules.

Why this mattersCombining flexible film, rigid cardboard, labels and aluminium tubes would concentrate Morocco's packaging supply base and give exporters a single multi-material source.

  • Morocco's Competition Council published notification on 17 September 2026 of the proposed acquisition.
  • Société Marocaine des Manufactures de Mohammedia, controlled by Mediterrania Capital Partners, would take exclusive control of Alma Pack SA and Le Carton SA.
  • The buyer trades in Morocco as Advanced Flexible Materials, a flexible-packaging and aluminium-tube producer.
  • Alma Pack makes flexible plastic-film packaging and a small volume of plastic labels; Le Carton makes rigid cardboard packaging.
  • The Council identifies four affected markets: flexible packaging, rigid packaging, plastic labels and aluminium tubes.
  • Third parties have until 28 September 2026 to submit observations; no deal value, seller, financing or completion timetable was disclosed.
Société Marocaine des Manufactures de Mohammedia Alma Pack counterparty Le Carton counterparty Mediterrania Capital Partners
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