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Maghreb Oxygene Sa (Morocco)

Main Activities: Industrial Gas Manufacturing
Full name: Maghreb Oxygene Sa Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company was listed in Casablanca stock exchange on June 17 ,1999. ISIN MA0000010985, Ticker:MOX.
Since its creation in 1977, The Company , a subsidiary of kwa Group, has specialized in the manufacture of air gases, thus breaking a monopolistic context. To satisfy its customers and
complete its offer, The Company decides to expand its range of products to medical gases and food and develops two trading activities specializing in medical equipment and eto products. Concerned about customer satisfaction, and in favor of impeccable quality, The Company is certified FSCC22000 and ISO9001 version 2015 for production; the conditioning and marketing of industrial, medical, food and special gases. In a market where competition and competitiveness predominant, the IPO of The Company demonstrates the commitment of a company fully aware of the expectations of Moroccan industry and the economic challenges of the country. With 7 regional offices and more than 100 points of sale, La Societe is the partner of professionals working in fields as varied as health, industry, metallurgy, agro-food and aviation. Which makes us say, rightly, asked a little of us in everything . Specialist in industrial gases, medical gases and associated services, the distribution of welding products and related techniques, the distribution of medical equipment and consumables, The Company is committed daily to provide solutions, products and services to its customers, all over Morocco.
1977 Following a general strike by oil tankers and the only player in the gas market at the time, The Company was founded by Ahmed Oulhaj Akhannouch and Ahmed Wakrim. The main activity of The Company, from its creation, was the manufacture of air gases and acetylene from two production units based in Berrechid.
1982 The Company expands its range to medical and food gases and creates two new production units: one for nitrous oxide (medical gas) and the other for carbon dioxide (food gas).
1992 The Company launched two trading and specialized service businesses, one in medical equipment and the other in welding equipment.
1994 The Company invests 130 MDH in an oxygen and nitrogen production unit at a new site in Had Soualem.
1998 Maghreb Oxygene invests 9 MDH in a hydrogen production unit at Had Soualem, thus covering all the needs and expectations of the market.
1999 The Company goes public and enters the circle of Moroccan companies aware of modern economic challenges and ready to meet the challenges of an increasingly demanding, organized and transparent market.
1999/2000 The Company obtains ISO 9002 certification for its industrial site in Had Soualem and brings the Berrechid multi-product packaging center and the six manufacturing units it operates into compliance with ISO 9002 standards.
2001 A new organization of The Company is created to cope with a changing market. It is based on a regional deployment of its activities and a redefinition of its concept of activity. The Company decides to diversify its range of welding products for craft professions by creating its own brand of rutile electrodes coated under the label MOXY 350.
2003 The Company expands its range of handcrafted electrodes by becoming the exclusive distributor of ARTIS electrodes.
2004 The development of “on-site” units would allow The Company to strengthen the security of deliveries to its customers in the event of a temporary halt (due to the occurrence of a force majeure) in the activity of a its own production sites.
2005 As part of a long-term contract, The Company set up an On-Site production unit in a steel complex at the port of Jorf Lasfar on behalf of Sonasid.
2008 The Company launches two new product ranges: a range of welding machines labeled Master Weld and a range of abrasive discs MOXYFLEX .
2011 The Company makes a second investment in an On-Site, that of Chellalate, for a total investment of 240 million dirhams.
2013 Obtained FSCC22000 certification.
2017 Obtaining ISO9001 V 2015 certification and opening of MO on the African market.
2018 Change of visual identity Obtaining ISO 22000 Certification
2019 Best Supplier of Medical Gases in MENA by Magazine Award international Capital Finance International; Renewal of ISO 9001 certification.
2020 Health crisis linked to the Covid-19 pandemic.
Renewal of the bond loan for an amount of MAD 100 million and a period of 5 years.
Strong involvement of Maghreb Oxygene in the treatment of Covid-19 patients in as the leading national oxygen producer.
2021 continuation of the health crisis with a strong involvement of The Company in the treatment of Covid-19 patients as the first national producer of oxygen
2022 Normalization of medical oxygen sales in the aftermath of the Covid-19 pandemic. Shortage of certain gases internationally linked to the rise in energy costs and generalized inflation leading to significant reductions in margins.

Headquarters
Immeuble Tafraouti Km 7.5 Route De Rabat Ain Sebaa
Casablanca; Casablanca-Settat;

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Website: http://www.maghreboxygene.ma

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1977
Key Executives
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Chairperson
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
Ownership Details
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62.48%
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20%
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4%
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2%
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1.89%
Subsidiaries
Sodegim
50%
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