INMA Holding invests in Gourmandise

INMA Holding invests Gourmandise,

the Tunisian leader in the production and distribution of pastries

Launched in April 2018, INMA Holding, an investment vehicle dedicated to investing in Tunisian SMEs

is pleased to announce an investment of nearly 7 million dinars in Gourmandise Group, a company specialized in the production and distribution of pastries.

After a first fundraising in 2015 to accelerate its growth, the Gourmandise Group now plans to enter a new development phase financed by INMA Holding.

In this context, Mrs Radhia Kamoun, CEO of the Group, declared: « We are pleased with this new partnership with INMA Holding that will help to put in place our new development plan. This funding round will help the Group to have more efficient production tools and a better logistics structure. A series of new stores opening are also planned. Starting from 2020, several new stores, some with a very innovative concept, are expected to open. Meanwhile, the Group will begin its internationalization and will initially target North African and Gulf countries. »

Mrs Fatma Merai, CEO of INMA Holding added: « We are proud to participate in the development of one of the most dynamic and recognized pastry brands in Tunisia. This investment is fully in line with INMA Holding’s strategy to support Tunisian SMEs with high potential in their development and we are convinced that Gourmandise will succeed in achieving its growth objectives. »

About Gourmandise Group :

Gourmandise Group is the Tunisian leader in the production and distribution of sweet and salty pastries with a network of 25 stores across the country.

Founded in 1976 by late Mrs Souad Kamoun, Gourmandise started its activities as a producer of traditional pastries in a workshop in Sfax. Since then, the brand has evolved, first under the aegis of its founder, and then thanks to its children starting from 1988.

Since 1988, Mrs Radhia Kamoun, with the help of her brother Mr Taleb Kamoun, successfully developed the Group to build a strong and respected brand and a widely recognized know-how.

In 2015, a first fundraising involving Tuninvest Croissance and the CDC, enabled the company to modernize the brand, improve and systematize the hand-made manufacturing processes while ensuring continued quality improvement of products. This first fundraising has also helped to launch new concepts, in particular those of caterers and tea rooms, accelerate the development of franchises, and diversify the products offer, which now includes a deli segment.

Based on its past achievements and its positioning in the market, the Group is now entering a new development phase.

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About INMA Holding :

Launched by the financial advisory firm Mediterranean Corporate Finance (MCF), INMA Holding is an investment vehicle dedicated to investing in Tunisian SMEs and includes among its shareholders Banque Internationale Arabe de Tunisie (BIAT), Tunisian American Enterprise Fund (TAEF) and Caisse des Dépôts et Consignations (CDC). With a diversified field of action and the recourse to various financial instruments, INMA Holding will be able to invest directly in equity, but also in quasi-equity and mezzanine debt.

The holding is primarily interested in the SMEs in growth phase, but also in those that are in a financial restructuring phase. INMA Holding supports also its partners in their growth by providing them with the operational, financial and sectorial expertise of its teams as well as its network of experts and partners.

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