Investisseurs & Partenaires successfully exited its investments in Delta Irrigation and CONERGIES, partnering each with strategic players to foster further growth and sustainability.

Information on the Target

Delta Irrigation, founded in 2003 in Senegal, specializes in the design and implementation of hydraulic systems, primarily in the agricultural sector and water treatment. I&P has supported the company's diversification strategy, which now extends its operations to Senegal and Ivory Coast. The IPAE 1 fund has signed an agreement to sell the majority of its shares to two strategic partners: French irrigation equipment supplier Kulker and Senegalese company Bernegal, which is part of the Agrifos group and operates within the agricultural sector. Additionally, part of the shares was sold to the Director of Delta Irrigation in Côte d’Ivoire.

CONERGIES is a leading group in climate engineering, refrigeration, and solar solutions, with subsidiaries in Mali and Côte d’Ivoire. Following its initial commitment, I&P has exited the company after six years during which the team assisted in structuring the business, rebranding, and launching its operations in Côte d’Ivoire. The exit was executed with the EDF group, which will partner with CONERGIES to deploy innovative energy efficiency solutions in West Africa.

Industry Overview in the Target's Country

The agricultural sector in Senegal and Côte d'Ivoire plays a crucial role in the economy, being a significant source of employment and government revenue. Both countries are positioned favorably within the African agricultural landscape, given their a