Subject category:
Finance, Accounting and Control
Originally published in:
2023
Version: 10-Jun-2022
Abstract
This case deals with the leader of Aluminium in Morocco: Aluminium du Maroc. It is a Moroccan family business created by the El Alami group in 1976 and listed on the stock exchange since 1998. It is the first Moroccan company specialized in the manufacture of aluminum alloys profiles. At the beginning, a small company, with a capital of 0,1 MDH, the El Alami family made of its company one of the most successful cases of the Moroccan economy. Thus, in this same logic of development, and to face the fierce competition that the sector of aluminum in Morocco knew, the top management of the company, chaired by Abdelouahed El Alami opted for the diversification thus benefiting from the opportunities offered by the sectors of the building and the hotel trade while exploiting Europe and the rest of Africa thanks to its policies of export. A strategy that has allowed the company first to grow considerably and then defend its position as leader and promote its competitiveness against foreign importers. However, these diversification orientations did not please the entire board of directors of Aluminium du Maroc! In 2016, the historical leader, Abdelouahed El Alami, was dismissed and replaced by Jawad Sqalli, a leader from outside the family, following the request of Abdesslam El Alami, son of Mohamed El Alami and therefore nephew of the former leader. From then on, the family conflict is exposed to the economic public and the company is on the verge of implosion. That said, this case aims at proposing a development plan to solve the emblematic situation of Aluminium du Maroc.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2018.Geographical setting
Region:
Africa
Country:
Morocco
Location:
Casablanca
Featured company
Aluminum du Maroc
Employees:
1001-5000
Turnover:
MAD 1,000,000,000
Type:
Privately held
Industry:
Aluminium
About
Abstract
This case deals with the leader of Aluminium in Morocco: Aluminium du Maroc. It is a Moroccan family business created by the El Alami group in 1976 and listed on the stock exchange since 1998. It is the first Moroccan company specialized in the manufacture of aluminum alloys profiles. At the beginning, a small company, with a capital of 0,1 MDH, the El Alami family made of its company one of the most successful cases of the Moroccan economy. Thus, in this same logic of development, and to face the fierce competition that the sector of aluminum in Morocco knew, the top management of the company, chaired by Abdelouahed El Alami opted for the diversification thus benefiting from the opportunities offered by the sectors of the building and the hotel trade while exploiting Europe and the rest of Africa thanks to its policies of export. A strategy that has allowed the company first to grow considerably and then defend its position as leader and promote its competitiveness against foreign importers. However, these diversification orientations did not please the entire board of directors of Aluminium du Maroc! In 2016, the historical leader, Abdelouahed El Alami, was dismissed and replaced by Jawad Sqalli, a leader from outside the family, following the request of Abdesslam El Alami, son of Mohamed El Alami and therefore nephew of the former leader. From then on, the family conflict is exposed to the economic public and the company is on the verge of implosion. That said, this case aims at proposing a development plan to solve the emblematic situation of Aluminium du Maroc.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2018.Geographical setting
Region:
Africa
Country:
Morocco
Location:
Casablanca
Featured company
Aluminum du Maroc
Employees:
1001-5000
Turnover:
MAD 1,000,000,000
Type:
Privately held
Industry:
Aluminium