Compagnie Générale Du Maroc
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The Compagnie générale du Maroc (General Company of Morocco), known as "Genaroc", is a French financial
holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
founded in February 1912 by a consortium of French banks headed by the Bank of Paris and the Netherlands. In 1914, it teamed with :fr:Lyonnaise des Eaux to create the Moroccan Society of Distribution of Water, Gas and Electricity (SMD). It then took part in the creation of the :fr:Compagnie des chemins de fer du Maroc (Railway Company of Morocco), and it became one of the two main shareholders of the :fr:Compagnie franco-espagnole du chemin de fer de Tanger à Fès (Franco-Spanish Company of the Tangier Railway in Fez).


References

* Jacques Boudet, ''Le monde des affaires en France de 1830 à nos jours'', 1952 * Abdelali Benamour, ''Intermédiation financière et développement économique du Maroc'', 1971 * Georges Hatton, ''Les enjeux financiers et économiques du Protectorat marocain (1936-1956): politique publique et investisseurs privés'', 2009 {{DEFAULTSORT:Compagnie generale du Maroc Holding companies of France French companies established in 1912