The Abraaj Group Backs Pharmaceutical Company Steripharma (MENA)

Source: The Abraaj Group

Global growth markets investor The Abraaj Group has announced an investment in Morocco-based manufacturer and marketer of pharmaceutical products Steripharma. The company intends to use the capital injection to build a new plant and to develop the company’s exports, primarily to the private sector of North and Sub-Saharan Africa. Financial details of the transaction were not disclosed.