Moroccan canned fish billionaire Saïd Alj holds a $114 million stake in insurer Sanlam Maroc
Said Alj, the Moroccan behind Titus sardines, owns 7.206% of Sanlam Maroc, a stake worth $114 million after the Allianz Maroc merger.
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Said Alj, the Moroccan behind Titus sardines, owns 7.206% of Sanlam Maroc, a stake worth $114 million after the Allianz Maroc merger.
Morocco's Sanam Holding, chaired by Said Alj, is reshaping its investment portfolio around food processing and beauty ingredients as it moves beyond its seafood roots.
Saham Assurance is a Moroccan insurance group and an operating subsidiary of Sanlam Group.
Its mid-year profit grew by 469.4 percent compared to last year.