ERISER begins a new phase of its development by welcoming Red Med Private Equity’s Columbus 1 fund into its capital

A pioneering company in the irrigation sector, ERISER has established itself as a major player in water management during its 32 years of existence. ERISER has made the choice of excellence very early on, equipping itself with a department of hydraulic and technical studies that is among the most advanced in Morocco, and has participated in the technological leap forward in irrigation professions in Morocco by consistently being at the forefront in the field of irrigation and water. management technologies.

With this investment, Red Med Private Equity aims to benefit from ERISER’s expertise in the management of large hydraulic projects and provide the company with the resources to address the global water value chain. “Through this investment, the Columbus 1 Fund is part of national initiatives for managing risks associated with water scarcity by providing ERISER with financial, industrial and technological capabilities that will strengthen its national and regional presence in the areas of local irrigation, water management, drinking water, hydromechanical equipment and pumping stations, solar pumps and pumps can strengthen desalination” says Abdeslam Ababou, president of Red Med Private Equity.

The development project also includes an industrial integration of ERISER, giving it the autonomy and capabilities necessary to accelerate the development of its activities. “The industrial integration project will enable ERISER to internalize the production of almost 35% of its equipment and input purchases, thus increasing its level of autonomy and its ability to address a broader spectrum of hydraulic projects and water resources ” said Mr. Zouhair Seffar, Founder and Director of ERISER.

Furthermore, the Columbus 1 fund intends to support the company in its institutional process, while consolidating its DNA as a family-owned, environmentally responsible and socially committed company. “In addition to the strategic and financial rationale, our investment is also aimed at supporting ERISER in the transition to the best operational and governance standards, implementing an ESG strategy to enable ERISER to ultimately profile itself as a national player and regional leader in the management of water-related projects,” says Mohamed Nasset, Managing Director of Red Med Private Equity.