Fenie Brossette has taken a significant step in its automotive sector growth by signing an agreement on July 14, 2026, to acquire the business assets of Sopriam, a Stellantis subsidiary, in Agadir, Morocco. The deal was confirmed by company statements and local reports.
The acquisition involves the purchase of Sopriam's commercial operations in Agadir, though specific financial terms were not disclosed. This move is part of Fenie Brossette's strategy to expand its footprint in the automotive industry, leveraging its existing partnership with Stellantis.
Stellantis, a global automaker formed from the merger of Fiat Chrysler and PSA Group, has been active in Morocco through its manufacturing and distribution networks. The transaction is expected to enhance Fenie Brossette's capabilities in the region, particularly in aftermarket services and parts distribution.
No further details on the impact on employment or operations in Agadir have been released. The agreement underscores the growing collaboration between the two companies in the North African automotive market.
