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[BUSINESS] · Morocco · 2 sources

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Innoflex Group secures 200 million dirhams in financing

Mohamed El Yacoubi has grown Innoflex Group into a significant Moroccan industrial entity, securing a financing package of 200 million dirhams. Founded in 2018 with an initial capital of 100,000 dirhams, the company specializes in the manufacture of polyurethane foam and bedding products.

Operating two industrial facilities, Innoflex employs approximately 450 people and has established itself as Morocco’s third-largest player in its specific segment. The group has also diversified into consumer distribution through its retail network, Moul Pounj, which expanded to over 40 points of sale by April 2026.

Entities

Bank of Africa · Innoflex Group · Mohamed El Yacoubi · Morocco · Othman Benjelloun