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Automotive: Stellantis enhances its Presence in Morocco with acquisition of Sopriam

Stellantis, one of the world’s leading automakers, has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves immediate majority control, followed by the full acquisition of 100% of shares by early 2025. Stellantis will now directly handle the import and distribution of its Peugeot, Citroën, and DS […]