A Moroccan pharma group is getting funds from EBRD for sustainability transition: The European Bank for Reconstruction and Development (EBRD) is loaning EUR 34.5 mn to H&S Holding subsidiary Dislog Group, a diversified industrial Moroccan group, according to an EBRD statement. A portion of the loan is earmarked for facilitating Dislog’s transition to sustainability, the statement says.

The breakdown: Divided into two tranches, EUR 24.5 mn will go towards Dislog’s acquisition of Steripharma, a local pharma manufacturer that provides affordable specialty generics medicines, while the remaining EUR 10 mn will finance the construction of a new green industrial building, a logistics platform, and PV solar panels to generate renewable power for the building.

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