BIM, a Turkish discount retailer, sold a 35% stake in its Moroccon subsidiary to Helios Investment Partners

ÜNLÜ & Co acted as the financial advisor to BİM Birleşik Mağazalar A.Ş.

Company
BIM Stores SARL AU
Transaction
Sector
Activity
Retail of food and consumer goods through discount stores
Date
Country
Morocco - UK

BİM, founded in 1995, is Türkiye’s largest discount grocery retailer and one of the country’s biggest publicly listed companies by market capitalisation.

BIM Stores Morocco is a subsidiary of Türkiye-based BİM Birleşik Mağazalar A.Ş., operating a network of discount retail stores offering food and consumer goods across Morocco. The company follows BİM’s successful low-cost, high-efficiency retail model adapted for the MENA region.

With this transaction, Helios Investment Partners, a leading Africa-focused private investment firm, acquired a 35% shareholding in BIM Stores Morocco for USD 70 mn, supporting BIM’s regional growth strategy and further expansion in the African retail sector.